Zip 40045 (Milton, KY) Housing

The housing market in 40045 Milton, KY is thriving, with a median value of $174,500. This is significantly lower than the US house median value of $338,100, but the one-year house appreciation rate is 12.20%, higher than the US average of 8.27%. It is clear that this area is seeing an upswing in real estate values and may be a great option for potential home buyers looking for an affordable yet appreciating market.

The median home cost in Milton (zip 40045) is $174,500. Home appreciation the last 10 years has been 74.3%. Home Appreciation in Milton (zip 40045) is up 14.0%.

Average Age of Homes

- The median age of Milton (zip 40045) real estate is 32 years old

The Rental Market in Milton (zip 40045)

- Renters make up 23.4% of the Milton (zip 40045) population
- 2.1% of houses and apartments in Milton (zip 40045), 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	Milton, Kentucky	United States
	1,620.0	139,647,020.0
	42	42
	$174,500	$338,100
	14.0%	16.6%
	48.3%	57.0%
	74.3%	101.1%
	$7.01	$10.98
	$902	$2,690
	67.0%	57.4%
	17.3%	11.2%
	15.7%	31.4%
Vacant Housing
	2.1%	1.9%
	1.2%	0.4%
	1.8%	0.7%
	0.0%	0.4%
	4.3%	3.6%
	7.9%	4.1%
Value of Owner-Occupied Housing
	9.2%	2.6%
	7.7%	2.4%
	1.6%	2.8%
	8.3%	3.9%
	8.1%	4.5%
	23.1%	11.3%
	11.4%	13.0%
	11.5%	20.1%
	4.0%	13.6%
	9.6%	8.3%
	1.7%	9.7%
	1.0%	3.9%
	1.8%	2.2%
	0.0%	0.8%
	1.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.5%	13.6%
	7.5%	13.6%
	17.5%	13.6%
	12.0%	13.2%
	20.4%	14.8%
	17.5%	13.6%
	8.4%	10.0%
	2.1%	4.7%
	12.5%	12.2%

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