Mt. Sterling, KY Real Estate

According to census data in the year 2000 there were 2,842 housing units in Mt. Sterling. This represents a 18.6% growth from 2,396 in 1990.

Of those housing units, 2,819 were located in either urbanized areas or urban clusters, and 23 were located in what is classified as a rural area.

Homeownership rate in Mt. Sterling is about 50.2%. Mt. Sterling's vacancy rate, including seasonal lodging, is about 12%. Average household size is 2.24 people.

The majority of houses, apartments or condos in Mt. Sterling were built after 1965.


Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom12.70%
Two Bedrooms35.90%
Three Bedrooms37.40%
Four Bedrooms9.70%
Five Bedrooms or more2.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1959
Median Value of occupied units$80,700
Median Price asked for vacant units$109,700

Rented Homes, Apartments and Condos

Average Household Size2.02
Median year structure was built1971
Median Monthly Rent asked for vacant units$289

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4%
Home Equity Loan8.40%
Simple Mortgage50.80%
Debt Free36.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.7%