Zip 40701 (Corbin, KY) Housing

The housing market in 40701 Corbin, KY is thriving. According to recent data, the median value of housing in this area is $157,500 which is significantly lower than the US House Median Value of $338,100. Despite this difference, the 1 year house appreciation rate in 40701 Corbin, KY is 12.90%, higher than the US House Appreciation of 8.27%. This speaks volumes to the strength and resilience of this real estate market and indicates that those looking for a new home will benefit from investing in this area.

The median home cost in Corbin (zip 40701) is $157,500. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Corbin (zip 40701) is up 16.7%.

Average Age of Homes

- The median age of Corbin (zip 40701) real estate is 35 years old

The Rental Market in Corbin (zip 40701)

- Renters make up 30.0% of the Corbin (zip 40701) population
- 1.9% of houses and apartments in Corbin (zip 40701), 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	Corbin, Kentucky	United States
	13,211.0	139,647,020.0
	34	42
	$157,500	$338,100
	16.7%	16.6%
	49.8%	57.0%
	64.4%	101.1%
	$6.78	$10.98
	$947	$2,690
	56.7%	57.4%
	14.5%	11.2%
	28.8%	31.4%
Vacant Housing
	1.9%	1.9%
	0.5%	0.4%
	0.6%	0.7%
	0.6%	0.4%
	0.9%	3.6%
	9.9%	4.1%
Value of Owner-Occupied Housing
	5.0%	2.6%
	7.1%	2.4%
	5.5%	2.8%
	5.9%	3.9%
	10.2%	4.5%
	19.2%	11.3%
	22.2%	13.0%
	18.0%	20.1%
	3.1%	13.6%
	1.2%	8.3%
	1.2%	9.7%
	0.8%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	15.8%	13.6%
	15.8%	13.6%
	21.4%	13.6%
	13.3%	13.2%
	20.8%	14.8%
	21.4%	13.6%
	5.5%	10.0%
	3.7%	4.7%
	4.1%	12.2%

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