The housing market in Winchester, Kentucky (40391) is quite strong. The median value for homes in the area is $207,600, which is significantly lower than the US median house value of $338,100. However, the one-year appreciation rate for homes in Winchester is 16.19%, much higher than the national average of 8.27%. This shows that homes in Winchester are increasing in value at a faster rate than those in the larger US housing market.
The median home cost in Winchester (zip 40391) is $207,600. Home appreciation the last 10 years has been 72.6%. Home Appreciation in Winchester (zip 40391) is up 19.3%.
Average Age of Homes
- The median age of Winchester (zip 40391) real estate is 38 years old
The Rental Market in Winchester (zip 40391)
- Renters make up 32.9% of the Winchester (zip 40391) population
- 0.3% of houses and apartments in Winchester (zip 40391), 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.