42712, Big Clifty, KY

The 42712 zip code of Big Clifty, KY is located in the southeastern corner of Kentucky. The zip code has a population of 2,814 and an area of 1.5 square miles. Home prices in the 42712 zip code have increased by an average of 7% over the past year. The median home value in the 42712 zip code is $128,000 and the median household income is $53,000.

There are a number of factors that have contributed to the increase in home values in the 42712 zip code over the past year. One reason for this increase is that there are a number of new homes being built in this area, which has led to an increase in demand for housing. Additionally, there is a strong economy present in this region, which has led to an increase in job opportunities and wages. Finally, there is low interest rates available on mortgages currently, which has helped to spur home values higher.

Despite these positive trends, there are still some challenges facing home buyers in the 42712 zip code. One issue that homeowners face is that there are not enough homes available for sale within this area at present- which means that it can take longer for homeowners to find a suitable property to purchase. Additionally, many people who live within the 42712 zip code are not able to afford to buy a house outright- which means that they must use other forms of financing such as mortgages or rental agreements before they can purchase a property. Despite these challenges, however, overall it appears that home values continue to rise steadily within this region