Beaver Dam, KY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Beaver Dam Neighborhoods Since 2000




Beaver Dam, KY Real Estate Data


Beaver Dam Housing Market Information

With a population of 3,618, 1,241 total housing units (homes and apartments), and a median house value of $108,255, house prices in Beaver Dam are solidly below the national average.

Single-family detached homes are the single most common housing type in Beaver Dam, accounting for 65.65% of the city's housing units. Other types of housing that are prevalent in Beaver Dam include large apartment complexes or high rise apartments ( 16.19%), mobile homes or trailers ( 12.80%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.35%).

The most prevalent building size and type in Beaver Dam are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 56.65% owning and 43.35% renting.

There is a lot of housing in Beaver Dam 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 Beaver Dam built between 1940-1969 ( 40.04%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.57%). There's also some housing in Beaver Dam built before 1939 ( 8.33%).

Vacant housing appears to be an issue in Beaver Dam. Fully 15.92% of the housing stock is classified as vacant. Left unchecked, vacant Beaver Dam homes and apartments can be a drag on the real estate market, holding Beaver Dam 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.

Beaver Dam Home Appreciation Rates

In the last 10 years, Beaver Dam has experienced some of the highest home appreciation rates of any community in the nation. Beaver Dam real estate appreciated 22.15% over the last ten years, which is an average annual home appreciation rate of 2.02%, putting Beaver Dam in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Beaver Dam definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Beaver Dam that despite a nationwide downturn in the housing market, Beaver Dam real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Beaver Dam appreciation rates continue to be some of the highest in America, at 6.84%, which is higher than appreciation rates in 83.30% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Beaver Dam. Beaver Dam appreciation rates in the latest quarter were at 2.82%, which equates to an annual appreciation rate of 11.78%.

Importantly, this makes Beaver Dam one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Kentucky, our data show that Beaver Dam's latest annual appreciation rate is higher than 90% of the other cities and towns in Kentucky.

Average Home Values

 

Median Home Value:
$108,255

Beaver Dam, KY HOME PRICES

Value Range
> $1,175,000 0.8
$881,001 - $1,175,000 0.0
$587,001 - $881,000 0.0
$470,001 - $587,000 0.0
$352,001 - $470,000 0.0
$235,001 - $352,000 5.6
$117,001 - $235,000 31.4
$59,001 - $117,000 40.3
$0 - $59,000 22.0

Average for KY
Low for Nation

Value Relative to Nation Value Relative to State
73.5433624172864 48.1203007518797

Number Of Homes And Apartments:
1,241

Rent & Ownership

 

Average Market Rent:
$788 / per month

Homeownership Rate

Homeownership
Owners 56.65
Renters 43.35
Vacant 15.92

Housing Market Details

 

Age of Homes

AGE OF Beaver Dam HOMES
2000 or Newer 10.6
1970 - 1999 41.1
1940 - 1969 40.0
1939 or Older 8.3

Types of Homes

TYPE OF Beaver Dam HOMES
Single-Family 65.7
Townhomes 0.0
Small Apt. Buildings 5.4
Apt. Complexes 16.2
Mobile Homes 12.8
Other 0.0

Home Size

SIZE OF Beaver Dam HOMES
No Bedroom 0.00
1 Bedroom 14.63
2 Bedrooms 28.32
3 Bedrooms 35.43
4 Bedrooms 15.58
5 or more bedrooms 6.03

Beaver Dam 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
43.02% 2.13% 7 5
* 10 is highest

Popular Neighborhoods in Beaver Dam

Zip Codes in Beaver Dam, KY