Richlawn, KY is a great place to buy and own a house. The median value of houses in Richlawn is $370,800 which is higher than the US House Median Value of $338,100. Moreover, the appreciation in housing values over the past year has been especially strong in Richlawn with an increase of 9.79% compared to 8.27% nationally. This shows that Richlawn is a vibrant area for real estate investment and home ownership; providing excellent opportunities for potential buyers to take advantage of long-term gains on their investments.
The median home cost in Richlawn is $370,800. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Richlawn is up 11.5%.
Average Age of Homes
- The median age of Richlawn real estate is 70 years old
The Rental Market in Richlawn
- Renters make up 10.6% of the Richlawn population
- 4.1% of houses and apartments in Richlawn, 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.