The housing market in 42451 Reed, KY is much more affordable than the US average. According to current data, the median housing value in this area is $96,100, while the US median housing value is $338,100. The most recent 1 year house appreciation rate for 42451 Reed, KY is 6.27%, which is 2% lower than the national average of 8.27%. Despite being more affordable than the national average, homeowners in this area can still reap some benefit from increasing home values due to strong real estate appreciation over the past year.
The median home cost in Reed (zip 42451) is $96,100. Home appreciation the last 10 years has been 52.9%. Home Appreciation in Reed (zip 42451) is up 10.6%.
Average Age of Homes
- The median age of Reed (zip 42451) real estate is 46 years old
The Rental Market in Reed (zip 42451)
- Renters make up 24.0% of the Reed (zip 42451) population
- 0.0% of houses and apartments in Reed (zip 42451), 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.