Housing in Russell, KY is very attractive and affordable. The median value of a home in Russell is $170,700 which is nearly half the US median value of $338,100. Homeowners in Russell also benefit from higher appreciation rates than the national average, with a 1-year appreciation rate of 10.05%, compared to 8.27% nationwide. This makes investing in housing in Russell an attractive option for potential homeowners or investors looking for a sound investment opportunity.
The median home cost in Russell is $170,700. Home appreciation the last 10 years has been 38.9%. Home Appreciation in Russell is up 11.0%.
Average Age of Homes
- The median age of Russell real estate is 47 years old
The Rental Market in Russell
- Renters make up 21.9% of the Russell population
- 3.1% of houses and apartments in Russell, 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.