The housing market in Sonora, KY is thriving. The median value of homes in the area is $164,100, which is significantly lower than the US median value of $338,100. Despite the lower price point, home values have appreciated at a rate of 11.54% in Sonora over the past year, higher than the 8.27% appreciation rate seen nationally during that time period. This indicates that Sonora's housing market remains strong and attractive to potential buyers.
The median home cost in Sonora is $164,100. Home appreciation the last 10 years has been 71.5%. Home Appreciation in Sonora is up 19.0%.
Average Age of Homes
- The median age of Sonora real estate is 16 years old
The Rental Market in Sonora
- Renters make up 11.7% of the Sonora population
- 0.0% of houses and apartments in Sonora, 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.