Beattyville, KY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Beattyville Neighborhoods Since 2000




Beattyville, KY Real Estate Data


Beattyville Housing Market Information

With 1,244 people, 619 houses or apartments, and a median cost of homes of $75,607, house prices in Beattyville are solidly below the national average.

Single-family detached homes are the single most common housing type in Beattyville, accounting for 44.22% of the city's housing units. Other types of housing that are prevalent in Beattyville include large apartment complexes or high rise apartments ( 32.81%), mobile homes or trailers ( 12.13%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.13%).

Beattyville is dominated by renter-occupied one, two, or no bedrooms apartments. 65.33% of Beattyville's dwellings are rentals.

There is a lot of housing in Beattyville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Beattyville built between 1940-1969 ( 35.38%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.56%). There's also some housing in Beattyville built before 1939 ( 9.42%).

Vacant housing appears to be an issue in Beattyville. Fully 11.70% of the housing stock is classified as vacant. Left unchecked, vacant Beattyville homes and apartments can be a drag on the real estate market, holding Beattyville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Beattyville Home Appreciation Rates

In the last 10 years, Beattyville has experienced some of the highest home appreciation rates of any community in the nation. Beattyville real estate appreciated 37.72% over the last ten years, which is an average annual home appreciation rate of 3.25%, putting Beattyville in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Beattyville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Beattyville appreciation rates have trailed the rest of the nation. In the last twelve months, Beattyville's appreciation rate has been 3.75%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Beattyville were at 1.14%, which equates to an annual appreciation rate of 4.64%.

Relative to Kentucky, our data show that Beattyville's latest annual appreciation rate is higher than 50% of the other cities and towns in Kentucky.

Average Home Values

 

Median Home Value:
$75,607

Beattyville, KY HOME PRICES

Value Range
> $1,108,000 0.0
$831,001 - $1,108,000 0.0
$553,001 - $831,000 0.2
$443,001 - $553,000 1.0
$332,001 - $443,000 2.4
$222,001 - $332,000 5.1
$111,001 - $222,000 19.3
$55,001 - $111,000 43.3
$0 - $55,000 28.8

Low for KY
Very Low for Nation

Value Relative to Nation Value Relative to State
93.418047666452 79.9498746867168

Number Of Homes And Apartments:
619

Rent & Ownership

 

Average Market Rent:
$589 / per month

Homeownership Rate

Homeownership
Owners 34.67
Renters 65.33
Vacant 11.70

Housing Market Details

 

Age of Homes

AGE OF Beattyville HOMES
2000 or Newer 9.6
1970 - 1999 45.6
1940 - 1969 35.4
1939 or Older 9.4

Types of Homes

TYPE OF Beattyville HOMES
Single-Family 44.2
Townhomes 1.7
Small Apt. Buildings 9.1
Apt. Complexes 32.8
Mobile Homes 12.1
Other 0.0

Home Size

SIZE OF Beattyville HOMES
No Bedroom 0.71
1 Bedroom 25.11
2 Bedrooms 38.37
3 Bedrooms 24.82
4 Bedrooms 9.27
5 or more bedrooms 1.71

Beattyville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
KY*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
44.93% 2.21% 7 5
* 10 is highest

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Zip Codes in Beattyville, KY