The housing market in Shelbyville, KY 40065 is booming. The median value of homes in the area is currently at $249,500 and has experienced a 12.20% increase in value over the past year, significantly higher than the national average of 8.27%. This is great news for those looking to buy or invest in the area as it presents an opportunity for healthy returns on their investment. With such a strong market, home buyers and investors alike should feel confident that their investment will continue to grow in value in the future.
The median home cost in Shelbyville (zip 40065) is $249,500. Home appreciation the last 10 years has been 74.3%. Home Appreciation in Shelbyville (zip 40065) is up 14.0%.
Average Age of Homes
- The median age of Shelbyville (zip 40065) real estate is 28 years old
The Rental Market in Shelbyville (zip 40065)
- Renters make up 33.6% of the Shelbyville (zip 40065) population
- 2.7% of houses and apartments in Shelbyville (zip 40065), 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.