Middlesborough, KY Metro Area has seen rapid appreciation in its housing market over the past year. The median house value in Middlesborough is currently $80,300, which is far lower than the US median of $338,100. However, this lower price has driven a greater rate of appreciation, with houses in the area growing 14.12% over the past year compared to only 8.27% nationally. This higher rate of appreciation indicates that Middlesborough's housing market is one of growth and potential for homeowners and investors alike.
The median home cost in Middlesborough Metro Area is $80,300. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Middlesborough Metro Area is up 16.7%.
Average Age of Homes
- The median age of Middlesborough Metro Area real estate is 42 years old
The Rental Market in Middlesborough Metro Area
- Renters make up 28.0% of the Middlesborough Metro Area population
- 1.4% of houses and apartments in Middlesborough 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.