Russell Springs, KY is a great place for people to consider for their housing needs. The median value of a house in Russell Springs is much lower than the US median value at $139,300 compared to $338,100. The appreciation rate of houses in Russell Springs has been increasing at a healthy 12.90% over the past year, which is higher than the US appreciation rate of 8.27%. Therefore, now may be an opportune time for individuals looking to invest in housing in Russell Springs or even call it home.
The median home cost in Russell Springs is $139,300. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Russell Springs is up 16.7%.
Average Age of Homes
- The median age of Russell Springs real estate is 42 years old
The Rental Market in Russell Springs
- Renters make up 38.8% of the Russell Springs population
- 8.9% of houses and apartments in Russell Springs, 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.