40336, Irvine, KY

Irvine, Kentucky is located in the 40336 zip code. The median home value in this zip code is $236,000. The average home value in this zip code has increased by 7.8% over the past year. In addition, the percentage of homes that are owner-occupied has increased from 66% to 71%. This indicates that there is an increase in demand for housing in this area.

The average mortgage rate for homes in this zip code is 4.1%. This indicates that people are able to afford to purchase homes at a reasonable price. Additionally, the percentage of mortgages that are fixed-rate loans has decreased from 84% to 78%. This suggests that people are more likely to take out adjustable-rate mortgages than fixed-rate mortgages. This may be because interest rates have been decreasing recently and people believe that they will continue to decrease in the future.