The housing median value in 41631 Grethel, KY is $111,700, which is significantly lower than the US house median value of $338,100. However, the one year house appreciation rate in 41631 Grethel is 12.90%, much higher than the 8.27% appreciation rate seen across the United States. This suggests that housing values in this area are rising at a relatively fast rate and may continue to do so in upcoming years given current market conditions. Furthermore, those looking to invest in or purchase real estate within this area can be assured that their homes will most likely appreciate over time due to the high appreciation rate.
The median home cost in Grethel (zip 41631) is $111,700. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Grethel (zip 41631) is up 16.7%.
Average Age of Homes
- The median age of Grethel (zip 41631) real estate is 30 years old
The Rental Market in Grethel (zip 41631)
- Renters make up 15.7% of the Grethel (zip 41631) population
- 8.0% of houses and apartments in Grethel (zip 41631), 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.