The housing market in Mentor, KY is doing very well compared to the rest of the United States. The median value for homes in Mentor, KY is $193,700 while the US house median value is $338,100. On top of that, the US 1 year house appreciation rate was 8.27%, but in Mentor, KY it was 14.21%. This is a strong indication that the housing market in Mentor, KY is performing much better than other areas of the country and would be a great place to consider investing in real estate.
The median home cost in Mentor is $193,700. Home appreciation the last 10 years has been 78.7%. Home Appreciation in Mentor is up 15.5%.
Average Age of Homes
- The median age of Mentor real estate is 52 years old
The Rental Market in Mentor
- Renters make up 17.2% of the Mentor population
- 0.0% of houses and apartments in Mentor, 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.