Zip 40734 (Gray, KY) Housing

The housing market in Gray, KY (40734) is doing quite well compared to the US median value. The median value of housing in 40734 is $136,900, compared to the US median value which stands at $338,100. Additionally, the 1 year appreciation rate for houses in Gray is 12.90%, while the US appreciation rate is 8.27%. This indicates that housing prices in Gray are growing faster and that investing in this area may be a good idea for people looking to benefit from an appreciating asset.

The median home cost in Gray (zip 40734) is $136,900. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Gray (zip 40734) is up 16.7%.

Average Age of Homes

- The median age of Gray (zip 40734) real estate is 31 years old

The Rental Market in Gray (zip 40734)

- Renters make up 17.2% of the Gray (zip 40734) population
- 1.8% of houses and apartments in Gray (zip 40734), 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	Gray, Kentucky	United States
	1,597.0	139,647,020.0
	31	42
	$136,900	$338,100
	16.7%	16.6%
	49.8%	57.0%
	64.4%	101.1%
	$6.34	$10.98
	$570	$2,690
	56.0%	57.4%
	18.9%	11.2%
	25.0%	31.4%
Vacant Housing
	1.8%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	16.4%	4.1%
Value of Owner-Occupied Housing
	15.6%	2.6%
	4.1%	2.4%
	14.4%	2.8%
	11.3%	3.9%
	4.6%	4.5%
	17.5%	11.3%
	14.3%	13.0%
	11.2%	20.1%
	1.1%	13.6%
	0.0%	8.3%
	4.8%	9.7%
	1.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	22.2%	13.6%
	22.2%	13.6%
	24.0%	13.6%
	17.8%	13.2%
	19.1%	14.8%
	24.0%	13.6%
	2.4%	10.0%
	3.2%	4.7%
	2.8%	12.2%

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