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Affordable
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These days, finding an affordable place to live in the Oil Valley area can be challenging. Home prices in Oil Valley are now at a median cost of $138,900, lower than the Kentucky average of $219,615.
The average cost of rent is $694/mo in Oil Valley, primarily driven by the current value of real estate in the Oil Valley area. In Oil Valley, 31.02% of households rent, and 67.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oil Valley is $3,203 per month. Households that rent pay about 21.67% of their income on rent here. Oil Valley’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pueblo, KY: equally priced homes
- Gregory, KY: equally priced homes
- Monticello, KY: equally priced homes
- Denney, KY: equally priced homes
- Parmleysville, KY: less expensive homes
- Griffin, KY: less expensive homes
- Eadsville, KY: higher priced homes
- Delta, KY: equally priced homes
- Ritner, KY: less expensive homes
- Mount Pisgah, KY: less expensive homes
Cities with Similar Populations
- Pawnee, TX: higher priced homes
- Portage Entry, MI: higher priced homes
- Pony, MT: higher priced homes
- Pontoosuc, IL: less expensive homes
- Pine Ridge, AR: equally priced homes
- Pecks Pond, PA: higher priced homes
- Pear Valley, TX: higher priced homes
- Peacock Corners, MD: higher priced homes
- Peach Orchard, AR: less expensive homes
- Paynesville, MI: equally priced homes
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