The housing market in Powell, KY County is booming. The median value for houses in the county stands at $115,400, which is significantly lower than the US median of $338,100. While the US experiences a house appreciation rate of 8.27%, Powell County has an extraordinary rate of 12.90%. This boom can be attributed to the growing population and economy that are driving up housing demand and prices. With these attractive numbers, it's no wonder why people are flocking to Powell County in search of a new home.
The median home cost in Powell County is $115,400. Home appreciation the last 10 years has been 72.6%. Home Appreciation in Powell County is up 19.3%.
Average Age of Homes
- The median age of Powell County real estate is 37 years old
The Rental Market in Powell County
- Renters make up 24.8% of the Powell County population
- 0.7% of houses and apartments in Powell 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.