Mortons Gap, KY is a small town with a median house value of $77,500, which is significantly lower than the US median house value of $338,100. While the US has seen an appreciation of 8.27% in housing values over the last year, Mortons Gap has only seen an appreciation of 6.27%, showing that the area is slower to appreciate in value than most other places. Despite this slow appreciation rate, Mortons Gap remains an attractive investment due its low median house values.
The median home cost in Mortons Gap is $77,500. Home appreciation the last 10 years has been 52.9%. Home Appreciation in Mortons Gap is up 10.6%.
Average Age of Homes
- The median age of Mortons Gap real estate is 51 years old
The Rental Market in Mortons Gap
- Renters make up 20.8% of the Mortons Gap population
- 0.0% of houses and apartments in Mortons Gap, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.