The housing market in Salt Lick, KY is a prosperous one. The median value for a home in the area is $129,400, which is significantly lower than the US House Median Value of $338,100. Despite this difference, the housing market in Salt Lick has seen an impressive 1 year appreciation rate of 16.19%, which far exceeds the national average of 8.27%. This makes it an ideal location for individuals who are looking to invest in real estate or purchase their first home at a reasonable price.
The median home cost in Salt Lick is $129,400. Home appreciation the last 10 years has been 72.6%. Home Appreciation in Salt Lick is up 19.3%.
Average Age of Homes
- The median age of Salt Lick real estate is 41 years old
The Rental Market in Salt Lick
- Renters make up 37.2% of the Salt Lick population
- 2.2% of houses and apartments in Salt Lick, 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.