Similar to nearby areas, it is significantly less expensive compared to the country as a whole. Compared to the city of Lexington-Fayette, it is significantly less expensive.
Home prices
The median home in Corbin costs $104,000. Compared to nearby areas this is approximately $4,520 (4%) lower.It is roughly $113,500 (52%) lower compared to the nation as a whole, and in comparison to the city of Lexington-Fayette is roughly $85,800 (45%) lower.
Rents
Corbin's median monthly rent is $627. Compared to other places in this area it is about $10 (1%) lower.It is roughly $435 (40%) lower compared to the nation as a whole, and is approximately $269 (30%) lower compared to the city of Lexington-Fayette.
Nearby places
North Corbin
North Corbin is Corbin's neighbor to the north. The real estate prices there are somewhat less expensive. The median home in North Corbin costs $84,600, which comes out to $19,400 (22%) lower than Corbin. Rents there are pretty similar. In North Corbin the median monthly rent is $642, which works out to $15 (2%) higher than Corbin.
Barbourville
Barbourville is approximately 11 miles southeast of Corbin. Its housing prices are significantly more expensive. The value of the median home in Barbourville is $161,900, which comes out to $57,900 (35%) higher than Corbin. Rent there is similar. The median rent in Barbourville is $647 per month, which works out to $20 (3%) higher than Corbin.
London
London is roughly 13 miles north from Corbin. The real estate prices there are a little more expensive. London's median home price is $121,800, which is $17,800 (14%) higher than Corbin. Its rents are similar. The median rent in London is $635 per month, which is $8 (1%) higher than Corbin.
Williamsburg
Williamsburg is approximately 14 miles south of Corbin. Its housing prices are a little less expensive. The median home in Williamsburg costs $95,200, which is $8,800 (9%) lower than Corbin. The rent there is a bit less expensive. In Williamsburg the median rent is $582 per month, which comes out to $45 (7%) lower than Corbin.
Artemus
Artemus is approximately 14 miles southeast from Corbin. Housing prices there are a little less expensive. The median home in Artemus costs $79,100, which works out to $24,900 (31%) lower than Corbin. Rent there is somewhat more expensive. The median monthly rent in Artemus is $678, which comes out to $51 (7%) higher than Corbin.