The housing market in 42462 Waverly, KY is in a moderate state of growth. The median value of homes in the area is $148,600, which is significantly lower than the national median housing value of $338,100. Despite this disparity, homes in 42462 Waverly, KY have still experienced an increase in value over the past year with an appreciation rate of 6.27%, slightly lower than the national average of 8.27%. This indicates that while there may be more affordable options for those looking to purchase property in this area, there is still a steady upward trend in home values.
The median home cost in Waverly (zip 42462) is $148,600. Home appreciation the last 10 years has been 52.9%. Home Appreciation in Waverly (zip 42462) is up 10.6%.
Average Age of Homes
- The median age of Waverly (zip 42462) real estate is 34 years old
The Rental Market in Waverly (zip 42462)
- Renters make up 15.0% of the Waverly (zip 42462) population
- 0.0% of houses and apartments in Waverly (zip 42462), 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.