Housing in 40440 Junction City, KY is highly affordable compared to the US median value of $338,100. The median value for housing in 40440 Junction City, KY is $138,400 which is well below the US median value. Despite this affordable price point, house appreciation in 40440 Junction City, KY over the last year was 8.08%, only slightly lower than the national rate of 8.27%. This indicates that homes in this area are increasing in value at a similar rate as those across the country as a whole. With relatively low prices and strong appreciation rates, now may be an excellent time to consider buying or investing in housing within 40440 Junction City, KY.
The median home cost in Junction City (zip 40440) is $138,400. Home appreciation the last 10 years has been 69.9%. Home Appreciation in Junction City (zip 40440) is up 15.5%.
Average Age of Homes
- The median age of Junction City (zip 40440) real estate is 30 years old
The Rental Market in Junction City (zip 40440)
- Renters make up 34.8% of the Junction City (zip 40440) population
- 2.1% of houses and apartments in Junction City (zip 40440), 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.