Brownsville, KY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Brownsville Neighborhoods Since 2000




Brownsville, KY Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Brownsville Housing Market Information

With a population of 826, 421 total housing units (homes and apartments), and a median house value of $123,528, house prices in Brownsville are solidly below the national average.

Single-family detached homes are the single most common housing type in Brownsville, accounting for 47.51% of the city's housing units. Other types of housing that are prevalent in Brownsville include large apartment complexes or high rise apartments ( 21.26%), mobile homes or trailers ( 20.17%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 10.63%).

People in Brownsville primarily live in small (one, two or no bedroom) single-family detached homes. Brownsville has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Brownsville 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 Brownsville built between 1940-1969 ( 31.45%). A lesser amount of the housing stock also hails from before 1939 ( 13.23%). There's also some housing in Brownsville built between 2000 and later ( 2.39%).

Brownsville Home Appreciation Rates

Appreciation rates for homes in Brownsville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 14.82%, which ranks in the top 30% nationwide. This equates to an annual average Brownsville house appreciation rate of 1.39%.

NeighborhoodScout's data show that during the latest twelve months, Brownsville's appreciation rate, at 4.30%, has been at or slightly above the national average. In the latest quarter, Brownsville's appreciation rate has been -2.64%, which annualizes to a rate of -10.16%.

Notably, Brownsville's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Kentucky, our data show that Brownsville's latest annual appreciation rate is higher than 60% of the other cities and towns in Kentucky.

Average Home Values

 

Median Home Value:
$123,528

Brownsville, KY HOME PRICES

Value Range
> $1,093,000 0.8
$819,001 - $1,093,000 0.5
$547,001 - $819,000 0.7
$437,001 - $547,000 0.8
$328,001 - $437,000 1.6
$218,001 - $328,000 3.6
$109,001 - $218,000 44.2
$54,001 - $109,000 27.8
$0 - $54,000 19.9

High for KY
Low for Nation

Value Relative to Nation Value Relative to State
63.453650533224 37.0927318295739

Number Of Homes And Apartments:
421

Brownsville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
KY*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
34.88% 1.75% 5 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$738 / per month

Homeownership Rate

Homeownership
Owners 45.08
Renters 54.92
Vacant 8.68

Housing Market Details

 

Age of Homes

AGE OF Brownsville HOMES
2000 or Newer 2.4
1970 - 1999 52.9
1940 - 1969 31.5
1939 or Older 13.2

Types of Homes

TYPE OF Brownsville HOMES
Single-Family 47.5
Townhomes 0.4
Small Apt. Buildings 10.6
Apt. Complexes 21.3
Mobile Homes 20.2
Other 0.0

Home Size

SIZE OF Brownsville HOMES
No Bedroom 4.56
1 Bedroom 14.97
2 Bedrooms 44.90
3 Bedrooms 27.11
4 Bedrooms 6.07
5 or more bedrooms 2.39

Popular Neighborhoods in Brownsville

Zip Codes in Brownsville, KY