Housing in Providence, KY is much more affordable than the US average. The median value of homes in Providence, KY is $69,800, which is just a fraction of the US median house value of $338,100. Despite being much lower than the national average, Providence has also seen an impressive 6.27% appreciation rate in the past year. This growth indicates that the housing market in this area is healthy and shows potential for further increases in value over time.
The median home cost in Providence is $69,800. Home appreciation the last 10 years has been 52.9%. Home Appreciation in Providence is up 10.6%.
Average Age of Homes
- The median age of Providence real estate is 48 years old
The Rental Market in Providence
- Renters make up 23.7% of the Providence population
- 5.7% of houses and apartments in Providence, 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.