London Metro Area, KY Housing

London, KY Metro Area is known for its affordable housing market with a median value of $142,600 compared to the US median of $338,100. The one year house appreciation rate is also higher than the national average at 11.50%, compared to 8.27%. This makes London a great place to consider buying a home as the value is likely to increase over time. For those looking for an inexpensive area to live in while still enjoying the benefits of modern amenities and easy access to other surrounding cities, London might be just the place for them.

The median home cost in London Metro Area is $142,600. Home appreciation the last 10 years has been 64.4%. Home Appreciation in London Metro Area is up 16.7%.

Average Age of Homes

- The median age of London Metro Area real estate is 32 years old

The Rental Market in London Metro Area

- Renters make up 28.7% of the London Metro Area population
- 2.1% of houses and apartments in London Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	London, Kentucky	United States
	64,359.0	139,647,020.0
	34	42
	$142,600	$338,100
	16.7%	16.6%
	49.8%	57.0%
	64.4%	101.1%
	$7.11	$10.98
	$738	$2,690
	57.8%	57.4%
	16.0%	11.2%
	26.2%	31.4%
Vacant Housing
	2.1%	1.9%
	0.2%	0.4%
	0.5%	0.7%
	0.4%	0.4%
	1.5%	3.6%
	11.3%	4.1%
Value of Owner-Occupied Housing
	9.8%	2.6%
	9.5%	2.4%
	9.1%	2.8%
	10.1%	3.9%
	9.1%	4.5%
	18.8%	11.3%
	14.8%	13.0%
	12.6%	20.1%
	3.3%	13.6%
	1.2%	8.3%
	0.9%	9.7%
	0.4%	3.9%
	0.1%	2.2%
	0.1%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	15.3%	13.6%
	15.3%	13.6%
	22.0%	13.6%
	15.6%	13.2%
	17.2%	14.8%
	22.0%	13.6%
	5.5%	10.0%
	2.8%	4.7%
	5.4%	12.2%

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