The housing market in Jefferson, KY County is a booming one. The median value for houses in the area is $227,100, which is significantly lower than the US house median value of $338,100. In addition, there has been an impressive appreciation in the housing market over the past year with a 15.93% appreciation rate compared to the US 1 year house appreciation rate of 8.27%. This indicates that buying a home in Jefferson, KY County is a smart investment and could be very rewarding for potential buyers.
The median home cost in Jefferson County is $227,100. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Jefferson County is up 11.6%.
Average Age of Homes
- The median age of Jefferson County real estate is 48 years old
The Rental Market in Jefferson County
- Renters make up 34.2% of the Jefferson County population
- 2.4% of houses and apartments in Jefferson 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.