According to statistics, the population in Winchester, KY amounts to 18,364, which shows decline 0% compared to the previous year. The median age of the city’s residents is 39. The average household income is $39,834, shifting growth 3% from the past year, and the average property value in Winchester, KY growth 3% to $123,900 throughout the year.
|Number Of Employees||8,020|
|Median Property Value||$123,900|
The average household income in Winchester, KY grew from $38,632 to $39,834 in the past year. This data is an estimate based upon 7,693 households in Winchester, KY . The chart below presents how household income is distributed in Winchester, KY in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Winchester, KY shifted from $120,000 to $123,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Winchester, KY in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Winchester, KY properties falls in the '$125,000 to $149,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Winchester, KY compared to median property taxes around the country. The prevalent amount of property taxes in Winchester, KY equals $1150, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|1 bed for sale||$950,000||+1627.3%|
|2 bed for sale||$163,846||-12.6%|
|3 bed for sale||$224,320||-6.9%|
|4+ bed for sale||$325,762||-7.3%|
During Jul 2022, the average price for an apartment in/near Winchester, KY decreased by 12% to $252,568.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 1627.3% to $950,000. Asking price for 2-bed apartment also decreased by 12.6% and a place of this size will now cost you $163,846. A 3-bed apartment goes for $224,320, it decreased by 6.9% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 7.3% and made it down to $325,762.
|Listing Type||Jul||vs Last Month|
|Houses for sale||$250,101||-8.8%|
|Condos for sale||$122,450||-34.3%|
|Land for sale||$359,172||-12.9%|
|Duplexes for sale||$163,500||-0.8%|
Price reports demonstrate that house price decreased by 8.8% this month making it up to $250,101. Condos faced an upward trend these days. The median price for a condo decreased by 34.3%, it’s now available for $122,450. You can now purchase a duplex for just $163,500, duplex price decreased by 0.8% this month.