Rowan, KY County has a median housing value of $136,100 which is significantly lower than the US median value of $338,100. Despite this disparity, the home appreciation rate in Rowan is higher than the national average at 12.90% compared to 8.27%. This higher appreciation rate reflects the positive trend of housing values in Rowan and suggests that people are increasingly interested in investing their money in the area. With its affordable housing prices and high appreciation rate, Rowan is a great location for those looking to purchase or invest in real estate.
The median home cost in Rowan County is $136,100. Home appreciation the last 10 years has been 72.6%. Home Appreciation in Rowan County is up 19.3%.
Average Age of Homes
- The median age of Rowan County real estate is 31 years old
The Rental Market in Rowan County
- Renters make up 28.8% of the Rowan County population
- 3.1% of houses and apartments in Rowan 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.