Zip 40069 (Springfield, KY) Housing

The housing market in 40069 Springfield, KY is faring better than the national average. The median value of homes in the area is $191,900, significantly lower than the US median value of $338,100. Home appreciation over the last year has been 12.20%, much higher than the 8.27% increase seen nationally. This indicates that property values are increasing steadily and shows promise for potential buyers and investors in this area.

The median home cost in Springfield (zip 40069) is $191,900. Home appreciation the last 10 years has been 74.3%. Home Appreciation in Springfield (zip 40069) is up 14.0%.

Average Age of Homes

- The median age of Springfield (zip 40069) real estate is 38 years old

The Rental Market in Springfield (zip 40069)

- Renters make up 20.2% of the Springfield (zip 40069) population
- 0.9% of houses and apartments in Springfield (zip 40069), 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	Springfield, Kentucky	United States
	3,611.0	139,647,020.0
	40	42
	$191,900	$338,100
	14.0%	16.6%
	48.3%	57.0%
	74.3%	101.1%
	$8.17	$10.98
	$1,173	$2,690
	66.5%	57.4%
	9.7%	11.2%
	23.8%	31.4%
Vacant Housing
	0.9%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.9%	0.4%
	0.7%	3.6%
	7.3%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	2.2%	2.4%
	7.3%	2.8%
	6.3%	3.9%
	11.5%	4.5%
	25.9%	11.3%
	17.5%	13.0%
	15.2%	20.1%
	5.9%	13.6%
	3.4%	8.3%
	3.4%	9.7%
	0.3%	3.9%
	0.8%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.0%	13.6%
	16.0%	13.6%
	15.3%	13.6%
	8.8%	13.2%
	10.7%	14.8%
	15.3%	13.6%
	7.7%	10.0%
	3.5%	4.7%
	16.4%	12.2%

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