The housing market in Shelbiana, KY has been performing well over the past year. The median value of housing is currently $71,800, which is significantly lower than the US House Median Value of $338,100. However, the 1 year house appreciation rate in Shelbiana is 12.90%, which is higher than the US average of 8.27%. This indicates that the housing market in Shelbiana has been stronger than the national average and investors are increasingly interested in this area as a place to purchase property.
The median home cost in Shelbiana (zip 41562) is $71,800. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Shelbiana (zip 41562) is up 16.7%.
Average Age of Homes
- The median age of Shelbiana (zip 41562) real estate is 29 years old
The Rental Market in Shelbiana (zip 41562)
- Renters make up 21.0% of the Shelbiana (zip 41562) population
- 3.0% of houses and apartments in Shelbiana (zip 41562), 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.