Magoffin County, KY Housing

The housing market in Magoffin County, KY is thriving, with a median value of $98,400. This figure is significantly lower than the US median house value of $338,100 and demonstrates the county's affordability. Furthermore, over the last year the appreciation of houses in Magoffin County has been 12.87%, much higher than the 8.27% appreciation rate for homes across the US. This is indicative of an increasingly strong housing market in Magoffin County where good quality homes have become more accessible to buyers.

The median home cost in Magoffin County is $98,400. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Magoffin County is up 16.7%.

Average Age of Homes

- The median age of Magoffin County real estate is 34 years old

The Rental Market in Magoffin County

- Renters make up 20.8% of the Magoffin County population
- 0.8% of houses and apartments in Magoffin 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Magoffin, Kentucky	United States
	5,474.0	139,647,020.0
	39	42
	$98,400	$338,100
	16.7%	16.6%
	49.8%	57.0%
	64.4%	101.1%
	$6.94	$10.98
	$541	$2,690
	61.7%	57.4%
	17.3%	11.2%
	21.0%	31.4%
Vacant Housing
	0.8%	1.9%
	0.1%	0.4%
	0.4%	0.7%
	0.6%	0.4%
	3.6%	3.6%
	11.8%	4.1%
Value of Owner-Occupied Housing
	15.5%	2.6%
	11.3%	2.4%
	13.7%	2.8%
	10.7%	3.9%
	9.7%	4.5%
	14.8%	11.3%
	11.1%	13.0%
	8.9%	20.1%
	2.8%	13.6%
	0.2%	8.3%
	0.5%	9.7%
	0.0%	3.9%
	0.8%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.4%	13.6%
	11.4%	13.6%
	18.5%	13.6%
	16.7%	13.2%
	20.5%	14.8%
	18.5%	13.6%
	6.6%	10.0%
	4.4%	4.7%
	7.0%	12.2%

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