Zip 42240 (Hopkinsville, KY) Housing

The housing market in Hopkinsville, KY (zip code 42240) is booming. The median value of a house in the area stands at $160,700, significantly below the national median value of $338,100. However, the US housing appreciation rate stands at 8.27%, while the 1 year house appreciation rate in Hopkinsville is 16.85%. This growth rate indicates that Hopkinsville's real estate market is flourishing and should be considered by prospective homeowners looking for an affordable place to live with strong potential for future return on investment.

The median home cost in Hopkinsville (zip 42240) is $160,700. Home appreciation the last 10 years has been 89.7%. Home Appreciation in Hopkinsville (zip 42240) is up 22.7%.

Average Age of Homes

- The median age of Hopkinsville (zip 42240) real estate is 43 years old

The Rental Market in Hopkinsville (zip 42240)

- Renters make up 39.6% of the Hopkinsville (zip 42240) population
- 4.6% of houses and apartments in Hopkinsville (zip 42240), 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	Hopkinsville, Kentucky	United States
	18,987.0	139,647,020.0
	44	42
	$160,700	$338,100
	22.7%	16.6%
	76.3%	57.0%
	89.7%	101.1%
	$7.73	$10.98
	$983	$2,690
	46.6%	57.4%
	12.5%	11.2%
	40.9%	31.4%
Vacant Housing
	4.6%	1.9%
	0.1%	0.4%
	0.3%	0.7%
	0.6%	0.4%
	0.6%	3.6%
	6.3%	4.1%
Value of Owner-Occupied Housing
	3.3%	2.6%
	3.5%	2.4%
	7.7%	2.8%
	13.1%	3.9%
	8.9%	4.5%
	20.4%	11.3%
	20.4%	13.0%
	11.4%	20.1%
	6.0%	13.6%
	1.4%	8.3%
	2.5%	9.7%
	0.1%	3.9%
	1.1%	2.2%
	0.3%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.6%	0.2%
	11.3%	13.6%
	11.3%	13.6%
	16.2%	13.6%
	10.3%	13.2%
	17.2%	14.8%
	16.2%	13.6%
	15.5%	10.0%
	3.9%	4.7%
	4.6%	12.2%

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