Zip 40387 (Wellington, KY) Housing

Wellington, KY is a great place to invest in housing. The median value of housing in the area is $102,500, which is significantly lower than the US median of $338,100. In addition, over the last year the appreciation rate of houses in Wellington has been 16.19%, much higher than the national average of 8.27%. This makes it an ideal city to buy property and benefit from strong appreciation as well as comparatively low property values.

The median home cost in Wellington (zip 40387) is $102,500. Home appreciation the last 10 years has been 72.6%. Home Appreciation in Wellington (zip 40387) is up 19.3%.

Average Age of Homes

- The median age of Wellington (zip 40387) real estate is 25 years old

The Rental Market in Wellington (zip 40387)

- Renters make up 8.1% of the Wellington (zip 40387) population
- 0.0% of houses and apartments in Wellington (zip 40387), 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	Wellington, Kentucky	United States
	1,476.0	139,647,020.0
	32	42
	$102,500	$338,100
	19.3%	16.6%
	54.4%	57.0%
	72.6%	101.1%
	$6.81	$10.98
	$556	$2,690
	35.7%	57.4%
	53.9%	11.2%
	10.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	5.1%	0.7%
	4.0%	0.4%
	42.9%	3.6%
	2.0%	4.1%
Value of Owner-Occupied Housing
	2.1%	2.6%
	9.7%	2.4%
	20.1%	2.8%
	15.8%	3.9%
	21.8%	4.5%
	17.3%	11.3%
	8.7%	13.0%
	4.6%	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%
	18.1%	13.6%
	18.1%	13.6%
	27.2%	13.6%
	21.7%	13.2%
	19.9%	14.8%
	27.2%	13.6%
	2.8%	10.0%
	2.2%	4.7%
	0.4%	12.2%

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