The housing market in Frenchburg, KY is a great investment opportunity. The median value of a house there is $104,900, which is far lower than the US median value of $338,100. Additionally, the 1 year appreciation rate for houses in Frenchburg has been 16.19%, which is much higher than the US average of 8.27%. This presents an excellent opportunity for those looking to invest in the real estate market and make a return on their money. With prices and appreciation rates so attractive it's no surprise that more people are beginning to look into investing in this area.
The median home cost in Frenchburg is $104,900. Home appreciation the last 10 years has been 72.6%. Home Appreciation in Frenchburg is up 19.3%.
Average Age of Homes
- The median age of Frenchburg real estate is 35 years old
The Rental Market in Frenchburg
- Renters make up 50.3% of the Frenchburg population
- 2.1% of houses and apartments in Frenchburg, 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.