Welcome to our 40347 real estate data hub, tailored for investors in Midway, 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 40347 in Midway, KY. Discover Section 8 housing opportunities and challenges to maximize your investment potential in WOODFORD COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Midway, KY real estate investing. Uncover the wealth of information available, and position yourself for success in the Midway property market.
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Location Overview
- Zip Code: 40347
- City: Midway
- State: KY
- Metro Area: Lexington-Fayette, KY
- County Name: WOODFORD COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $273,778
- Average Home Price (Single Family Homes): $278,390
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- Zillow Projected % appreciation from 4/2023-4/2024: 1.2%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,000
- Average 3 Bedroom Section 8 Rental Rates: $1,360
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 22.81
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 16.78
- Number of Units Offered in Section 8 in the County: 168
- Number of Occupied Units in Section 8 in the County: 161
- Percentage of Section 8 Units Occupied in the County: 96.09999847%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): Not Available
- Total % Appreciation since 2000 (Government Data): 92.75
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 2.08%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 4.98%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 33.16%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 46.51%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 40.09%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 28%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 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%