Laurel County, KY is a great place for potential homeowners looking to invest in a house. The median value of housing in the county is $164,700, which is significantly lower than the US median house value of $338,100. In addition to being a more affordable option for homebuyers, the 1 year appreciation rate of housing in Laurel County is 10.05%, higher than the US 1 year house appreciation of 8.27%. With these factors into consideration, Laurel County remains an attractive option for those looking to purchase property and start building their future.
The median home cost in Laurel County is $164,700. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Laurel County is up 16.7%.
Average Age of Homes
- The median age of Laurel County real estate is 29 years old
The Rental Market in Laurel County
- Renters make up 28.1% of the Laurel County population
- 2.6% of houses and apartments in Laurel 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.