Welcome to our 41051 real estate data hub, tailored for investors in Independence, KY. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 41051 in Independence, KY. Discover Section 8 housing opportunities and challenges to maximize your investment potential in KENTON COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Independence, KY real estate investing. Uncover the wealth of information available, and position yourself for success in the Independence property market.
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Location Overview
- Zip Code: 41051
- City: Independence
- State: KY
- Metro Area: Cincinnati, OH-KY-IN
- County Name: KENTON COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $279,085
- Average Home Price (Single Family Homes): $280,414
- Average Monthly Rental Price (All Types): $1,895
- Price-to-Rent Ratio: 12
- Zillow Projected % appreciation from 4/2023-4/2024: 1.7%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,310
- Average 3 Bedroom Section 8 Rental Rates: $1,750
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 17.75
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 13.29
- Number of Units Offered in Section 8 in the County: 1680
- Number of Occupied Units in Section 8 in the County: 1521
- Percentage of Section 8 Units Occupied in the County: 90.5%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 163.74
- Total % Appreciation since 2000 (Government Data): 79.12
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.1%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 4.21%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 33.45%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 52.69%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 85.96%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 70.02%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 86.4%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 7.44%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%