41568, Stopover, KY

The 41568 zip code of Stopover, KY has a median home value of $109,900 and a median home equity value of $103,000. The average home in the 41568 zip code was built in 1984 and is approximately 2,500 square feet. Approximately one-third of the homes in the 41568 zip code are occupied by their owners while two-thirds are rented. The average rent for a home in the 41568 zip code is $1,100 per month.

The homeownership rate in the 41568 zip code is 68%, which is lower than the national homeownership rate of 69%. The rental occupancy rate in the 41568 zip code is 31%, which is higher than the national rental occupancy rate of 27%. The percentage of homes that are owned outright by their occupants is 3% while the percentage that are rented outright by their occupants is 97%. Approximately one-third of all households in the 41568 zip code own their home outright while two-thirds have mortgage debt.

There has been an increase in both home values and home equity values over recent years due to an increase in demand for housing stock and an increase in interest rates. Over this same time period, there has been a decrease in both homeownership rates and rental occupancy rates due to increased competition for available housing stock and an increase in rent prices.