Home prices
The median home in Ravenna is valued at $57,800. In comparison to its nearby areas this is roughly $40,260 (41%) lower.In comparison to the nation as a whole it is about $159,700 (73%) lower, and in comparison to the city of Lexington-Fayette it is roughly $132,000 (69%) lower.
Rents
In Ravenna the median monthly rent is $557. This is approximately $22 (3%) lower compared to other places in this area.It is approximately $505 (47%) lower in comparison to the entire nation, and is about $339 (37%) lower compared to the city of Lexington-Fayette.
Nearby places
Irvine
Irvine is Ravenna's neighbor to the northwest. Its real estate prices are a lot more expensive. The median home value in Irvine is $86,500, which comes out to $28,700 (33%) higher than Ravenna. Rents there are a little less expensive. In Irvine the median rent is $474 per month, which is $83 (17%) lower than Ravenna.
Stanton
Stanton is about 12 miles north from Ravenna. Its real estate prices are significantly more expensive. Stanton's median home price is $117,600, which works out to $59,800 (50%) higher than Ravenna. The rent there is somewhat more expensive. In Stanton the median monthly rent is $728, which comes out to $171 (23%) higher than Ravenna.
Clay City
Clay City is roughly 12 miles north from Ravenna. The real estate prices there are similar. The median home price in Clay City is $59,400, which comes out to $1,600 (2%) higher than Ravenna. Its rents are a bit more expensive. Clay City's median monthly rent is $623, which comes out to $66 (10%) higher than Ravenna.
Beattyville
Beattyville is roughly 13 miles southeast from Ravenna. The real estate prices there are a bit more expensive. The median home in Beattyville costs $74,200, which is $16,400 (22%) higher than Ravenna. Its rents are substantially less expensive. The median rent in Beattyville is $382 per month, which is $175 (45%) lower than Ravenna.
Richmond
Richmond is roughly 16 miles west of Ravenna. Housing prices there are substantially more expensive. The median home value in Richmond is $152,600, which works out to $94,800 (62%) higher than Ravenna. Its rents are a little more expensive. In Richmond the median monthly rent is $687, which works out to $130 (18%) higher than Ravenna.
