The housing market in 42157 Mount Hermon, KY is thriving. The median value of a house in this area is $126,400, which is significantly lower than the US median value of $338,100. Furthermore, the appreciation rate for homes in this area over the course of one year is 17.20%, which is almost double the US 1-year appreciation rate of 8.27%. This data shows that Mount Hermon, KY is an excellent place to invest in real estate and that homeowners can expect to see their investments increase significantly in value.
The median home cost in Mount Hermon (zip 42157) is $126,400. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Mount Hermon (zip 42157) is up 17.9%.
Average Age of Homes
- The median age of Mount Hermon (zip 42157) real estate is 44 years old
The Rental Market in Mount Hermon (zip 42157)
- Renters make up 27.7% of the Mount Hermon (zip 42157) population
- 0.0% of houses and apartments in Mount Hermon (zip 42157), 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.