Is New Concord, KY a good place to invest in rental property?

New Concord, KY has a median modeled monthly cash flow of $-1,228 and a median cap rate of 1.6%, on a median sold price of $158,500. Prices changed -16.7% year over year.

What is the average cap rate in New Concord, KY?

The median cap rate across recently sold homes in New Concord, KY is 1.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in New Concord, KY?

The median sold price in New Concord, KY is $158,500 (about $170 per square foot).

Investing in New Concord, KY Real Estate

A data-driven snapshot of the New Concord, KY rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$158,500Median sold price

$170Median $/sqft

1.6%Median cap rate

$-1,228Modeled cash flow / mo

-16.7%Appreciation YoY

11.6Months of supply

31Active listings

32Sold (last 12 mo)

What the New Concord numbers say

In New Concord, KY, the median home sold for $158,500 (about $170 per square foot), and the typical deal models out to a 1.6% cap rate with a median $-1,228 of monthly cash flow. Sold prices moved -16.7% over the past year. Inventory sits at about 11.6 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Kentucky markets to compare

See New Concord cash-flowing listings

CashFlowRE ranks every for-sale home in New Concord, KY by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen New Concord deals, or browse the national market data.