Simpson, KY County is an area with a thriving housing market. The median value of the houses in this county is $198,600, which is significantly lower than the US House Median Value of $338,100. However, the 1 year House Appreciation rate for Simpson, KY County is 12.20%, higher than the US 1 year House Appreciation rate of 8.27%. This indicates that Simpson's housing market is growing at a quicker pace and could be an attractive option for potential homebuyers looking for properties with good appreciation rates.
The median home cost in Simpson County is $198,600. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Simpson County is up 17.9%.
Average Age of Homes
- The median age of Simpson County real estate is 38 years old
The Rental Market in Simpson County
- Renters make up 30.8% of the Simpson County population
- 0.3% of houses and apartments in Simpson 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.