Hancock, KY County is known for its affordable housing prices compared to the national average. The median value in the county is currently $162,500, which is much lower than the US median of $338,100. Additionally, Hancock, KY County has seen an impressive 10.19% appreciation rate in the last year, which is higher than the US-wide appreciation rate of 8.27%. All of these factors have helped make Hancock, KY County a desirable place to buy a home in recent years.
The median home cost in Hancock County is $162,500. Home appreciation the last 10 years has been 73.0%. Home Appreciation in Hancock County is up 14.2%.
Average Age of Homes
- The median age of Hancock County real estate is 39 years old
The Rental Market in Hancock County
- Renters make up 19.3% of the Hancock County population
- 1.0% of houses and apartments in Hancock 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.