The housing market in Ballard, KY County is thriving. The median value of houses in the county is $105,900, much lower than the US median of $338,100. However, what makes this area so appealing for house hunters is that the appreciation rate has been higher than the US average over the past year. In fact, it has been 17.20%, much higher than the 8.27% increase seen throughout the country. This means that house prices are likely to continue to rise in Ballard County in the years ahead, making it a great option for those looking to invest in real estate.
The median home cost in Ballard County is $105,900. Home appreciation the last 10 years has been 55.6%. Home Appreciation in Ballard County is up 15.7%.
Average Age of Homes
- The median age of Ballard County real estate is 40 years old
The Rental Market in Ballard County
- Renters make up 15.3% of the Ballard County population
- 1.0% of houses and apartments in Ballard County, 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.