The housing market in Glasgow, KY is booming. The median value of a house in the area is $167,100, much lower than the US median value of $338,100. However, what it lacks in price it makes up for in appreciation. While US houses appreciate at 8.27%, homes in Glasgow have seen a 17.20% increase in value over the past year. Those looking for an affordable home with potential for long-term gains should consider Glasgow as an option.
The median home cost in Glasgow is $167,100. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Glasgow is up 17.9%.
Average Age of Homes
- The median age of Glasgow real estate is 45 years old
The Rental Market in Glasgow
- Renters make up 44.5% of the Glasgow population
- 2.5% of houses and apartments in Glasgow, 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.