Zip 41408 (Cannel City, KY) Housing

The housing market in Cannel City, KY (41408) is quite a bit lower than the national average. The median value of homes in Cannel City is $68,500, compared to the US median of $338,100. Despite this difference, the one-year house appreciation rate in Cannel City is actually higher than the national average — 12.90% compared to 8.27%. This indicates that Cannel City’s housing market is likely quite stable and could be a good investment for potential home buyers looking to save money.

The median home cost in Cannel City (zip 41408) is $68,500. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Cannel City (zip 41408) is up 16.7%.

Average Age of Homes

- The median age of Cannel City (zip 41408) real estate is 33 years old

The Rental Market in Cannel City (zip 41408)

- Renters make up 9.0% of the Cannel City (zip 41408) population
- 5.6% of houses and apartments in Cannel City (zip 41408), 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	Cannel City, Kentucky	United States
	180.0	139,647,020.0
	32	42
	$68,500	$338,100
	16.7%	16.6%
	49.8%	57.0%
	64.4%	101.1%
	$8.65	$10.98
	$263	$2,690
	83.3%	57.4%
	5.6%	11.2%
	11.1%	31.4%
Vacant Housing
	5.6%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	12.7%	2.6%
	24.0%	2.4%
	17.3%	2.8%
	7.3%	3.9%
	0.0%	4.5%
	12.7%	11.3%
	3.3%	13.0%
	0.0%	20.1%
	12.7%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	10.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.8%	13.6%
	2.8%	13.6%
	35.0%	13.6%
	26.1%	13.2%
	13.9%	14.8%
	35.0%	13.6%
	2.2%	10.0%
	0.0%	4.7%
	8.9%	12.2%

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