Home prices
Morehead's median home cost is $171,500. It is roughly $70,400 (69%) higher compared to its surrounding areas.It is about $46,000 (21%) lower in comparison to the entire nation, and in comparison to the city of Lexington-Fayette it is approximately $18,300 (9%) lower.
Rents
In Morehead the median rent is $546 per month. This is approximately $44 (7%) lower compared to nearby areas.Compared to the entire nation it is roughly $516 (48%) lower, and in comparison to the city of Lexington-Fayette it is roughly $350 (39%) lower.
Nearby places
Lakeview Heights
Lakeview Heights is approximately 3 miles southwest of Morehead. The housing prices there are somewhat less expensive. Lakeview Heights's median home price is $159,600, which works out to $11,900 (7%) lower than Morehead. Its rents are substantially more expensive. The median rent in Lakeview Heights is $990 a month, which is $444 (44%) higher than Morehead.
Salt Lick
Salt Lick is approximately 9 miles southwest of Morehead. Housing prices there are a lot less expensive. The median home in Salt Lick costs $92,500, which is $79,000 (85%) lower than Morehead. Rent there is pretty similar. The median rent in Salt Lick is $550 a month, which is very similar to Morehead.
Olive Hill
Olive Hill is approximately 15 miles northeast of Morehead. Real estate prices there are significantly less expensive. Olive Hill's median home value is $86,700, which comes out to $84,800 (97%) lower than Morehead. Its rents are a bit less expensive. The median rent in Olive Hill is $449 per month, which comes out to $97 (21%) lower than Morehead.
Owingsville
Owingsville is roughly 15 miles west of Morehead. Housing prices there are substantially less expensive. The median home cost in Owingsville is $91,700, which works out to $79,800 (87%) lower than Morehead. The rent there is similar. In Owingsville the median rent is $560 a month, which is $14 (2%) higher than Morehead.
Sandy Hook
Sandy Hook is roughly 16 miles southeast of Morehead. Real estate prices there are substantially less expensive. The median home in Sandy Hook is valued at $75,000, which comes out to $96,500 (128%) lower than Morehead. Its rents are significantly less expensive. In Sandy Hook the median rent is $401 a month, which is $145 (36%) lower than Morehead.
