Zip 42440 (Mortons Gap, KY) Housing

In Mortons Gap, KY, the median housing value is $72,000, which is significantly lower than the US house median value of $338,100. However, in the past year Mortons Gap has seen a 6.27% appreciation of its house values compared to the 8.27% appreciation rate for houses nationally. This indicates that Mortons Gap is experiencing an increase in housing value and may indicate an upcoming upward trend for real estate in the area.

The median home cost in Mortons Gap (zip 42440) is $72,000. Home appreciation the last 10 years has been 52.9%. Home Appreciation in Mortons Gap (zip 42440) is up 10.6%.

Average Age of Homes

- The median age of Mortons Gap (zip 42440) real estate is 51 years old

The Rental Market in Mortons Gap (zip 42440)

- Renters make up 20.8% of the Mortons Gap (zip 42440) population
- 0.0% of houses and apartments in Mortons Gap (zip 42440), 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	Mortons Gap, Kentucky	United States
	472.0	139,647,020.0
	52	42
	$72,000	$338,100
	10.6%	16.6%
	39.4%	57.0%
	52.9%	101.1%
	$8.53	$10.98
	$497	$2,690
	69.3%	57.4%
	8.9%	11.2%
	21.8%	31.4%
Vacant Housing
	0.0%	1.9%
	1.1%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	7.8%	4.1%
Value of Owner-Occupied Housing
	7.6%	2.6%
	14.1%	2.4%
	15.6%	2.8%
	16.2%	3.9%
	7.3%	4.5%
	25.1%	11.3%
	5.5%	13.0%
	8.6%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	1.3%	0.2%
	10.6%	13.6%
	10.6%	13.6%
	7.2%	13.6%
	6.1%	13.2%
	12.5%	14.8%
	7.2%	13.6%
	12.9%	10.0%
	4.4%	4.7%
	28.6%	12.2%

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