The housing market in Pineville, KY is a great opportunity for those looking to invest in their future. The current median value of homes in Pineville is $84,800, which is far below the US median value of $338,100. In addition, the one year house appreciation rate for Pineville is 12.90%, compared to the US average of 8.27%. This means that investments made in housing now will likely yield higher returns in the near future due to an increase in home values over time. With a great potential for growth and a reasonable initial investment cost, Pineville offers an attractive option for homeowners looking to make their money work for them.
The median home cost in Pineville is $84,800. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Pineville is up 16.7%.
Average Age of Homes
- The median age of Pineville real estate is 53 years old
The Rental Market in Pineville
- Renters make up 49.3% of the Pineville population
- 4.7% of houses and apartments in Pineville, 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.