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Corbin, KY Real Estate


According to census data in the year 2000 there were 3,694 housing units in Corbin. This represents a 7.2% growth from 3,446 in 1990.

Of those housing units, 3,629 were located in either urbanized areas or urban clusters, and 65 were located in what is classified as a rural area.

Homeownership rate in Corbin is about 56.8%. Corbin's vacancy rate, including seasonal lodging, is about 10.5%. Average household size is 2.24 people.

The majority of houses, apartments or condos in Corbin were built after 1968.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom14.80%
Two Bedrooms37.70%
Three Bedrooms34.50%
Four Bedrooms9.90%
Five Bedrooms or more2.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1966
Median Value of occupied units$65,400
Median Price asked for vacant units$61,700

Rented Homes, Apartments and Condos

Average Household Size2.04
Median year structure was built1970
Median Monthly Rent asked for vacant units$315

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.20%
Home Equity Loan5.90%
Simple Mortgage45.40%
Debt Free41.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.4%