The housing market in Irvine, KY is thriving. The median value of houses in the city stands at a solid $92,300, which is significantly lower than the US housing median of $338,100. Furthermore, the 1 year house appreciation rate in Irvine is an impressive 16.19%, which is significantly higher than the nation average of 8.27%. This demonstrates that investing in real estate in Irvine may prove to be a profitable endeavor. As such, it's no surprise that Irvine has become one of the most popular cities for people from all over to consider when looking for a new home.
The median home cost in Irvine is $92,300. Home appreciation the last 10 years has been 72.6%. Home Appreciation in Irvine is up 19.3%.
Average Age of Homes
- The median age of Irvine real estate is 57 years old
The Rental Market in Irvine
- Renters make up 35.2% of the Irvine population
- 3.9% of houses and apartments in Irvine, 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.