The housing market in Stanford, KY is a great opportunity for potential buyers. The median value of homes in the area is $172,800, which is substantially lower than the US median value of $338,100. In addition to the lower price point, home values have appreciated in the past year by 8.08%, just slightly less than the US appreciation rate of 8.27%. This makes Stanford an attractive option for those looking for a place to call home.
The median home cost in Stanford is $172,800. Home appreciation the last 10 years has been 69.9%. Home Appreciation in Stanford is up 15.5%.
Average Age of Homes
- The median age of Stanford real estate is 39 years old
The Rental Market in Stanford
- Renters make up 47.5% of the Stanford population
- 3.4% of houses and apartments in Stanford, 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.