The housing market in Floyd, KY County has seen an increase in value and appreciation over the past year. The median value for a house is currently $79,800, which is considerably lower than the US median of $338,100. This provides an affordable option for potential buyers in Floyd County. In addition to affordability, the 1-year appreciation rate in Floyd County is 12.90%, significantly higher than the US national average of 8.27%. This indicates that investments in real estate in this area are likely to be profitable due to increasing prices and values.
The median home cost in Floyd County is $79,800. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Floyd County is up 16.7%.
Average Age of Homes
- The median age of Floyd County real estate is 38 years old
The Rental Market in Floyd County
- Renters make up 25.1% of the Floyd County population
- 0.6% of houses and apartments in Floyd 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.