The housing in 41653 Prestonsburg, KY is a great place to invest given the median value of $106,500 compared to the US median value of $338,100. In addition, the 1-year house appreciation rate is 12.9%, which is higher than the US average of 8.27%. This means that homeowners and investors will reap the rewards in terms of increased equity over the short term. With its affordability and potential for capital gains, Prestonsburg is proving to be an attractive option for those looking for investment opportunities in real estate.
The median home cost in Prestonsburg (zip 41653) is $106,500. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Prestonsburg (zip 41653) is up 16.7%.
Average Age of Homes
- The median age of Prestonsburg (zip 41653) real estate is 38 years old
The Rental Market in Prestonsburg (zip 41653)
- Renters make up 35.4% of the Prestonsburg (zip 41653) population
- 0.0% of houses and apartments in Prestonsburg (zip 41653), 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.