42516, Bethelridge, KY

The 42516 zip code of Bethelridge, KY has a median home value of $159,000. This is significantly lower than the statewide median home value of $217,500. The reason for this discrepancy is likely due to the fact that Bethelridge is located in a rural area. Additionally, the 42516 zip code has a low population density which may also contribute to the lower home values.

Despite these factors, there are still a number of homeowners in the 42516 zip code who are benefiting from their home equity. Homeowners in this area have been able to use their equity to purchase additional property or take out loans against their homes. Additionally, many homeowners have been able to refinance their mortgages and obtain lower interest rates. As long as homeowners continue to make wise financial decisions with their home equity, it is likely that prices will continue to rise in the 42516 zip code over time.