The housing market in Carter, KY County has been steadily increasing over the past year, with a median value of $113,000 and an appreciation rate of 12.90%. This exceeds the national average of 8.27%, indicating that this area is becoming increasingly attractive for potential homeowners. Despite its lower median value than the national average of $338,100, Carter’s appreciation rate means that real estate investment will yield more positive returns in this county compared to other counties across the United States.
The median home cost in Carter County is $113,000. Home appreciation the last 10 years has been 38.9%. Home Appreciation in Carter County is up 11.0%.
Average Age of Homes
- The median age of Carter County real estate is 33 years old
The Rental Market in Carter County
- Renters make up 19.2% of the Carter County population
- 1.4% of houses and apartments in Carter 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.