The housing market in Spring Mill, KY is flourishing, with the median value of homes coming in at $250,400. This is significantly lower than the national median value of $338,100, making it an attractive option for potential buyers. Furthermore, the appreciation of homes within the past year has been 9.79%, which is 1.52% higher than the national rate of 8.27%. This indicates that homeowners in Spring Mill are experiencing positive growth and a strong market for real estate.
The median home cost in Spring Mill is $250,400. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Spring Mill is up 11.5%.
Average Age of Homes
- The median age of Spring Mill real estate is 44 years old
The Rental Market in Spring Mill
- Renters make up 0.9% of the Spring Mill population
- 0.0% of houses and apartments in Spring Mill, 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.