Zip 40140 (Garfield, KY) Housing

The housing market in 40140 Garfield, KY is very strong. The median value of homes in Garfield is $146,600, which is significantly lower than the US median value of $338,100. In addition to the lower median value of homes in Garfield, the 1 year house appreciation rate is also higher than the national average at 10.19%, compared to 8.27% for the entire United States. This indicates that investing in real estate within Garfield could be a profitable venture with potential for significant returns on investments over time.

The median home cost in Garfield (zip 40140) is $146,600. Home appreciation the last 10 years has been 74.8%. Home Appreciation in Garfield (zip 40140) is up 16.4%.

Average Age of Homes

- The median age of Garfield (zip 40140) real estate is 26 years old

The Rental Market in Garfield (zip 40140)

- Renters make up 8.9% of the Garfield (zip 40140) population
- 0.0% of houses and apartments in Garfield (zip 40140), 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	Garfield, Kentucky	United States
	346.0	139,647,020.0
	44	42
	$146,600	$338,100
	16.4%	16.6%
	55.8%	57.0%
	74.8%	101.1%
	$7.47	$10.98
	$477	$2,690
	62.4%	57.4%
	22.3%	11.2%
	15.3%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	22.3%	4.1%
Value of Owner-Occupied Housing
	18.5%	2.6%
	5.6%	2.4%
	31.5%	2.8%
	6.0%	3.9%
	10.2%	4.5%
	6.5%	11.3%
	21.8%	13.0%
	0.0%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.0%	13.6%
	11.0%	13.6%
	23.7%	13.6%
	0.0%	13.2%
	25.1%	14.8%
	23.7%	13.6%
	0.0%	10.0%
	15.3%	4.7%
	0.0%	12.2%

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