42048, Hardin, KY

The 42048 zip code of Hardin, KY has a median home value of $136,000. The homeownership rate in this zip code is 69%. The percentage of households that own their homes outright is 25%, while the percentage that are owned with a mortgage is 72%. This indicates that there are a higher percentage of households that have access to equity in their homes. Additionally, the average household size in this zip code is 2.47 people. This indicates that there are more families who reside in this area than there are single individuals or couples.

When looking at the historical trends for home values and homeownership rates in the 42048 zip code, it can be seen that both values have increased over time. Between 1990 and 2000, the median home value increased by 54%, while the homeownership rate increased by 8%. Between 2000 and 2010, both values increased by an additional 47%, resulting in a total increase of 117% over this period of time. Since 2010, however, prices have decreased slightly (-2%) while the homeownership rate has remained relatively stable at 69%. This suggests that although prices may be decreasing overall within this area, there is still strong demand for homes within this particular zip code.