The housing market in Oak Grove, KY (42262) is booming! The median value of a home in this area is $171,000, which is lower than the US median house value of $338,100. Although the price may be lower than other areas, the appreciation rate of homes in this area has been remarkable over the last year at 16.85%, compared to the national average of 8.27%. This indicates that the housing market in Oak Grove is experiencing growth and could be a great place for potential buyers and investors alike.
The median home cost in Oak Grove (zip 42262) is $171,000. Home appreciation the last 10 years has been 89.7%. Home Appreciation in Oak Grove (zip 42262) is up 22.7%.
Average Age of Homes
- The median age of Oak Grove (zip 42262) real estate is 20 years old
The Rental Market in Oak Grove (zip 42262)
- Renters make up 46.9% of the Oak Grove (zip 42262) population
- 5.4% of houses and apartments in Oak Grove (zip 42262), 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.