The housing market in 42301 Owensboro, KY is quite healthy compared to the US average. The median house value in Owensboro is $183,900, significantly lower than the US median house value of $338,100. Despite the lower cost, Owensboro still has a higher one-year house appreciation rate of 8.84%, slightly better than the national average of 8.27%. This could be an ideal place for people looking to buy property and enjoy attractive returns on their investments in a relatively shorter period of time.
The median home cost in Owensboro (zip 42301) is $183,900. Home appreciation the last 10 years has been 73.0%. Home Appreciation in Owensboro (zip 42301) is up 14.2%.
Average Age of Homes
- The median age of Owensboro (zip 42301) real estate is 45 years old
The Rental Market in Owensboro (zip 42301)
- Renters make up 31.9% of the Owensboro (zip 42301) population
- 1.1% of houses and apartments in Owensboro (zip 42301), 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.