Zip 40741 (London, KY) Housing


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Housing in London, KY (40741) has seen a significant appreciation in value over the past year. The median house value for this zip code is $151,400, which is significantly lower than the national median of $338,100. Despite this disparity, housing prices within 40741 have risen 12.9% in the last year alone; nearly double the national average of 8.27%. With such strong appreciation and the cost of living being significantly lower than the national average, London is a great place to invest in real estate.

The median home cost in London (zip 40741) is $151,400. Home appreciation the last 10 years has been 64.4%. Home Appreciation in London (zip 40741) is up 16.7%.

Average Age of Homes
- The median age of London (zip 40741) real estate is 28 years old
The Rental Market in London (zip 40741)
- Renters make up 32.2% of the London (zip 40741) population
- 3.2% of houses and apartments in London (zip 40741), 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

  HousingLondon, KentuckyUnited States
  10,586.0139,647,020.0
  3042
  $151,400$338,100
  16.7%16.6%
  49.8%57.0%
  64.4%101.1%
  $6.38$10.98
  $837$2,690
  62.4%57.4%
  11.3%11.2%
  26.3%31.4%
  Vacant Housing
  3.2%1.9%
  0.0%0.4%
  0.9%0.7%
  0.0%0.4%
  1.2%3.6%
  6.0%4.1%
  Value of Owner-Occupied Housing
  8.2%2.6%
  11.2%2.4%
  5.8%2.8%
  6.6%3.9%
  6.6%4.5%
  19.8%11.3%
  13.6%13.0%
  18.9%20.1%
  5.9%13.6%
  0.9%8.3%
  1.6%9.7%
  0.4%3.9%
  0.0%2.2%
  0.7%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.1%0.2%
  17.4%13.6%
  17.4%13.6%
  26.1%13.6%
  11.3%13.2%
  15.5%14.8%
  26.1%13.6%
  6.4%10.0%
  1.4%4.7%
  5.3%12.2%
Commute