The housing market in 41861 Raven, KY is quite dynamic compared to the US median value. The median value for housing in Raven is $49,300, considerably lower than the U.S. median value of $338,100. However, it has seen an impressive 12.90% appreciation rate in one year compared to the 8.27% rate across the United States. This shows that homeowners and buyers alike are continuing to be drawn to this town despite its relatively low cost of living.
The median home cost in Raven (zip 41861) is $49,300. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Raven (zip 41861) is up 16.7%.
Average Age of Homes
- The median age of Raven (zip 41861) real estate is 41 years old
The Rental Market in Raven (zip 41861)
- Renters make up 7.7% of the Raven (zip 41861) population
- 0.0% of houses and apartments in Raven (zip 41861), 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.