In 42127 Cave City, KY, the median housing value is $156,300. This is significantly lower than the US median housing value of $338,100. However, the one-year house appreciation in Cave City has been much higher than the country-wide average of 8.27%, at 17.20%. Therefore, while Cave City may seem to be a more affordable option for potential home buyers compared to other areas of the United States, its real estate market is appreciating quickly and could offer strong returns in the future.
The median home cost in Cave City (zip 42127) is $156,300. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Cave City (zip 42127) is up 17.9%.
Average Age of Homes
- The median age of Cave City (zip 42127) real estate is 40 years old
The Rental Market in Cave City (zip 42127)
- Renters make up 33.0% of the Cave City (zip 42127) population
- 3.2% of houses and apartments in Cave City (zip 42127), 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.