Owensboro Metro Area, KY Housing

The housing market in the Owensboro, KY Metro Area is thriving. With a median house value of $185,000, it is much lower than the US median of $338,100. Furthermore, in the past year, the house appreciation rate in the Owensboro area was 16.59% compared to 8.27% for the US as a whole. This indicates that investing in real estate within this area could potentially reap larger returns than elsewhere in the country.

The median home cost in Owensboro Metro Area is $185,000. Home appreciation the last 10 years has been 73.0%. Home Appreciation in Owensboro Metro Area is up 14.2%.

Average Age of Homes

- The median age of Owensboro Metro Area real estate is 42 years old

The Rental Market in Owensboro Metro Area

- Renters make up 26.5% of the Owensboro Metro Area population
- 1.6% of houses and apartments in Owensboro 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	Owensboro, Kentucky	United States
	51,766.0	139,647,020.0
	45	42
	$185,000	$338,100
	14.2%	16.6%
	44.5%	57.0%
	73.0%	101.1%
	$8.93	$10.98
	$1,307	$2,690
	64.1%	57.4%
	7.8%	11.2%
	28.0%	31.4%
Vacant Housing
	1.6%	1.9%
	0.4%	0.4%
	0.7%	0.7%
	0.3%	0.4%
	0.9%	3.6%
	3.9%	4.1%
Value of Owner-Occupied Housing
	2.3%	2.6%
	3.0%	2.4%
	3.9%	2.8%
	9.2%	3.9%
	10.3%	4.5%
	23.4%	11.3%
	17.2%	13.0%
	18.2%	20.1%
	7.7%	13.6%
	1.7%	8.3%
	2.3%	9.7%
	0.3%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	10.6%	13.6%
	10.6%	13.6%
	13.9%	13.6%
	10.7%	13.2%
	18.4%	14.8%
	13.9%	13.6%
	12.5%	10.0%
	4.4%	4.7%
	8.5%	12.2%

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