Housing in Russell, KY County is an affordable option compared to the national median. The median value for a house in the county is $121,700, which is much lower than the national median of $338,100. Despite this lower cost, the county has seen an impressive increase in housing appreciation over the past year at 16.19%, compared to 8.27% nationally. This higher level of appreciation signals an increasingly strong real estate market that could provide great opportunities for potential home buyers or investors looking for growth potential in their investments.
The median home cost in Russell County is $121,700. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Russell County is up 16.7%.
Average Age of Homes
- The median age of Russell County real estate is 33 years old
The Rental Market in Russell County
- Renters make up 18.9% of the Russell County population
- 1.2% of houses and apartments in Russell 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.