The housing market in 41522 Elkhorn City, KY is quite affordable compared to the US median value. Housing median value in this area is $73,300, which is less than a quarter of the US house median value of $338,100. Furthermore, the 1 year house appreciation in this area was 12.90%, significantly higher than the 8.27% appreciation rate across the US. This shows that not only can buyers get an affordable starter home here but they can also expect their investment to appreciate at a faster pace than average.
The median home cost in Elkhorn City (zip 41522) is $73,300. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Elkhorn City (zip 41522) is up 16.7%.
Average Age of Homes
- The median age of Elkhorn City (zip 41522) real estate is 37 years old
The Rental Market in Elkhorn City (zip 41522)
- Renters make up 15.2% of the Elkhorn City (zip 41522) population
- 0.8% of houses and apartments in Elkhorn City (zip 41522), 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.