The housing situation in Petersburg, KY is looking positive. The median value of a house in the area is $228,400, which is significantly lower than the US median value of $338,100. Home appreciation in Petersburg has been higher than the national average with an annual rate of 14.21%, while the US rate is at 8.27%. This could mean that Petersburg is a great place to invest in a new home as prices are already low and increasing quickly.
The median home cost in Petersburg is $228,400. Home appreciation the last 10 years has been 78.7%. Home Appreciation in Petersburg is up 15.5%.
Average Age of Homes
- The median age of Petersburg real estate is 78 years old
The Rental Market in Petersburg
- Renters make up 0.0% of the Petersburg population
- 0.0% of houses and apartments in Petersburg, 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.