The housing median value in Lawrence, KY County is $138,600, which is much lower than the US House Median Value of $338,100. However, the house appreciation rate for Lawrence, KY County in the last year was 12.90%, higher than the US rate of 8.27%. This indicates that the housing market in Lawrence, KY County is growing at a faster rate than other areas across the United States. The low median housing value combined with a high appreciation rate makes it an attractive location for people looking to invest in real estate.
The median home cost in Lawrence County is $138,600. Home appreciation the last 10 years has been 60.1%. Home Appreciation in Lawrence County is up 15.7%.
Average Age of Homes
- The median age of Lawrence County real estate is 32 years old
The Rental Market in Lawrence County
- Renters make up 18.4% of the Lawrence County population
- 2.2% of houses and apartments in Lawrence 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.