Garrard, KY County has seen an impressive increase in housing values over the past year. The median value of a house in Garrard County is $190,900, which is significantly lower than the US median of $338,100. However, the 1-year appreciation rate for housing in Garrard County is 14.21%, nearly double the US rate of 8.27%. This indicates that housing prices in Garrard County are increasing at a faster pace than national trends suggest. As such, those looking to purchase property in this county should be aware that it may be a smart investment opportunity.
The median home cost in Garrard County is $190,900. Home appreciation the last 10 years has been 69.9%. Home Appreciation in Garrard County is up 15.5%.
Average Age of Homes
- The median age of Garrard County real estate is 31 years old
The Rental Market in Garrard County
- Renters make up 20.5% of the Garrard County population
- 0.5% of houses and apartments in Garrard 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.