The housing market of Holmes Mill, KY (zip code 40843) has seen a steady rise in median value over the past year. The current median value of housing in the area is $46,100 - significantly lower than the US median of $338,100. However, the area has experienced a much higher appreciation rate than the US average of 8.27%, having increased by 12.90% in the last year. This not only indicates that Holmes Mill is an attractive option for potential buyers due to its affordability but also highlights that it is likely to continue to appreciate at a higher rate than other areas across the US.
The median home cost in Holmes Mill (zip 40843) is $46,100. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Holmes Mill (zip 40843) is up 16.7%.
Average Age of Homes
- The median age of Holmes Mill (zip 40843) real estate is 54 years old
The Rental Market in Holmes Mill (zip 40843)
- Renters make up 2.4% of the Holmes Mill (zip 40843) population
- 0.0% of houses and apartments in Holmes Mill (zip 40843), 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.