The housing market in the Mount Sterling, KY Metro Area is booming. The median value for homes in this area is currently $158,300, which is significantly lower than the national median of $338,100. In the past year alone, homes in this area have appreciated by an impressive 13.33%, much higher than the 8.27% appreciation rate experienced on a national level. With such favorable conditions and relatively low prices compared to other parts of the country, it's no wonder that people are flocking to this area to take advantage of the housing market.
The median home cost in Mount Sterling Metro Area is $158,300. Home appreciation the last 10 years has been 72.6%. Home Appreciation in Mount Sterling Metro Area is up 19.3%.
Average Age of Homes
- The median age of Mount Sterling Metro Area real estate is 34 years old
The Rental Market in Mount Sterling Metro Area
- Renters make up 24.8% of the Mount Sterling Metro Area population
- 1.6% of houses and apartments in Mount Sterling 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.