Scott, KY County is a great place to buy a home due to the fact that its median house value is below the national average. Additionally, the county has seen an above-average appreciation rate over the past year of 12.20%, significantly higher than the national 8.27% appreciation rate. This indicates that housing prices in Scott County have been increasing at a faster rate than elsewhere around the country, making it an attractive investment for those looking for a new home or looking to purchase property as an investment opportunity.
The median home cost in Scott County is $277,600. Home appreciation the last 10 years has been 72.6%. Home Appreciation in Scott County is up 19.3%.
Average Age of Homes
- The median age of Scott County real estate is 23 years old
The Rental Market in Scott County
- Renters make up 25.9% of the Scott County population
- 0.6% of houses and apartments in Scott 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.