The housing market in Ghent, KY (41045) has shown to be a very desirable area for potential homeowners. The median value of homes in the area is $152,000, which is significantly lower than the US median value of $338,100. In the past year alone, the appreciation rate for housing in Ghent has seen an increase of 14.21%, more than double the national average appreciation rate of 8.27%. This shows that Ghent is a great place to invest in real estate and provides plenty of opportunities for potential homeowners.
The median home cost in Ghent (zip 41045) is $152,000. Home appreciation the last 10 years has been 78.7%. Home Appreciation in Ghent (zip 41045) is up 15.5%.
Average Age of Homes
- The median age of Ghent (zip 41045) real estate is 23 years old
The Rental Market in Ghent (zip 41045)
- Renters make up 27.4% of the Ghent (zip 41045) population
- 0.8% of houses and apartments in Ghent (zip 41045), 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.