The housing market in 42337 Drakesboro, KY is an attractive choice for home buyers looking to make a good investment. The median value of a house in the area is currently $85,700, which is still significantly lower than the national median of $338,100. However, the appreciation rate of homes in Drakesboro is higher than the US average at 8.84%, suggesting that investing in this area could be a beneficial decision. Furthermore, with a steady one year appreciation rate and a below average median cost, houses in Drakesboro are likely to remain desirable and potentially lucrative investments for those interested in owning property in this area.
The median home cost in Drakesboro (zip 42337) is $85,700. Home appreciation the last 10 years has been 73.0%. Home Appreciation in Drakesboro (zip 42337) is up 14.2%.
Average Age of Homes
- The median age of Drakesboro (zip 42337) real estate is 41 years old
The Rental Market in Drakesboro (zip 42337)
- Renters make up 15.2% of the Drakesboro (zip 42337) population
- 0.0% of houses and apartments in Drakesboro (zip 42337), 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.