The housing market in Versailles, KY is thriving. The median value of a house in Versailles is $270,000, which is significantly lower than the US median house value of $338,100. Despite this difference in prices, the housing market in Versailles has seen faster rates of appreciation over the past year compared to the rest of the country - increasing 16.19%, as opposed to 8.27% nationally. This reflects a strong demand for homes in and around Versailles, KY and shows that it remains an attractive place to live for many people across the state and even beyond its borders.
The median home cost in Versailles is $270,000. Home appreciation the last 10 years has been 72.6%. Home Appreciation in Versailles is up 19.3%.
Average Age of Homes
- The median age of Versailles real estate is 39 years old
The Rental Market in Versailles
- Renters make up 40.0% of the Versailles population
- 4.9% of houses and apartments in Versailles, 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.