Zip 41563 (Shelby Gap, KY) Housing

The housing market in 41563 Shelby Gap, KY is booming! The median value of houses in the area is currently $79,400, which is much lower than the US house median value of $338,100. However, the 1 year house appreciation rate for this area is 12.90%, which is significantly higher than the US 1 year house appreciation rate of 8.27%. This shows that Shelby Gap's housing market is strong and growing quickly, making it an attractive option for potential buyers looking for a good investment.

The median home cost in Shelby Gap (zip 41563) is $79,400. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Shelby Gap (zip 41563) is up 16.7%.

Average Age of Homes

- The median age of Shelby Gap (zip 41563) real estate is 35 years old

The Rental Market in Shelby Gap (zip 41563)

- Renters make up 12.9% of the Shelby Gap (zip 41563) population
- 0.0% of houses and apartments in Shelby Gap (zip 41563), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Shelby Gap, Kentucky	United States
	165.0	139,647,020.0
	26	42
	$79,400	$338,100
	16.7%	16.6%
	49.8%	57.0%
	64.4%	101.1%
	$7.84	$10.98
	$481	$2,690
	64.8%	57.4%
	30.9%	11.2%
	4.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	3.0%	3.6%
	27.9%	4.1%
Value of Owner-Occupied Housing
	33.6%	2.6%
	6.5%	2.4%
	4.7%	2.8%
	7.5%	3.9%
	2.8%	4.5%
	17.8%	11.3%
	19.6%	13.0%
	7.5%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.0%	13.6%
	3.0%	13.6%
	43.6%	13.6%
	5.5%	13.2%
	13.3%	14.8%
	43.6%	13.6%
	4.2%	10.0%
	0.0%	4.7%
	3.0%	12.2%

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