Crofton, KY is known for its affordable housing market, with the median value of homes currently standing at $197,200. This is substantially lower than the US House Median Value of $338,100. Despite this, the 1-year House Appreciation rate in Crofton is a healthy 16.85%, compared to the US rate of 8.27%. This suggests that there are still a lot of opportunities for potential buyers or investors looking to invest in the area’s real estate market.
The median home cost in Crofton is $197,200. Home appreciation the last 10 years has been 89.7%. Home Appreciation in Crofton is up 22.7%.
Average Age of Homes
- The median age of Crofton real estate is 42 years old
The Rental Market in Crofton
- Renters make up 37.1% of the Crofton population
- 6.5% of houses and apartments in Crofton, 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.