Nortonville, KY is an attractive area for potential homebuyers due to its relatively low housing median value of $88,800. This is significantly lower than the US house median value of $338,100. Despite being lower than the national average, Nortonville has experienced annual house appreciation of 6.27%, which is only slightly below the 8.27% rate of national house appreciation over the same period. Overall, Nortonville is a great place to invest in real estate due to its relatively low housing costs and good potential for growth in value over time.
The median home cost in Nortonville is $88,800. Home appreciation the last 10 years has been 52.9%. Home Appreciation in Nortonville is up 10.6%.
Average Age of Homes
- The median age of Nortonville real estate is 45 years old
The Rental Market in Nortonville
- Renters make up 33.5% of the Nortonville population
- 1.6% of houses and apartments in Nortonville, 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.