Bourbon County, KY Housing

The housing market in Bourbon, KY County is booming. The median value of a house in the county is $210,600 which is considerably lower than the US House Median Value of $338,100. Furthermore, the 1 year house appreciation in this county is 10.05%, significantly higher than the US 1 year house appreciation rate of 8.27%. This indicates that houses are increasing in value more quickly here than on a national scale and suggests a strong housing market in this area.

The median home cost in Bourbon County is $210,600. Home appreciation the last 10 years has been 72.6%. Home Appreciation in Bourbon County is up 19.3%.

Average Age of Homes

- The median age of Bourbon County real estate is 44 years old

The Rental Market in Bourbon County

- Renters make up 34.5% of the Bourbon County population
- 2.6% of houses and apartments in Bourbon 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Bourbon, Kentucky	United States
	9,106.0	139,647,020.0
	44	42
	$210,600	$338,100
	19.3%	16.6%
	54.4%	57.0%
	72.6%	101.1%
	$8.68	$10.98
	$1,406	$2,690
	57.2%	57.4%
	10.7%	11.2%
	32.1%	31.4%
Vacant Housing
	2.6%	1.9%
	0.5%	0.4%
	0.8%	0.7%
	0.4%	0.4%
	0.3%	3.6%
	6.0%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	1.6%	2.4%
	4.2%	2.8%
	6.6%	3.9%
	6.1%	4.5%
	25.0%	11.3%
	16.8%	13.0%
	14.7%	20.1%
	8.1%	13.6%
	4.2%	8.3%
	3.6%	9.7%
	4.0%	3.9%
	2.6%	2.2%
	0.2%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.7%	13.6%
	15.7%	13.6%
	10.5%	13.6%
	14.8%	13.2%
	15.9%	14.8%
	10.5%	13.6%
	8.2%	10.0%
	4.4%	4.7%
	18.6%	12.2%

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