Campbellsville, KY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Campbellsville Neighborhoods Since 2000




Campbellsville, 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

Campbellsville Housing Market Information

With 11,237 people, 4,405 houses or apartments, and a median cost of homes of $118,479, house prices in Campbellsville are solidly below the national average.

Single-family detached homes are the single most common housing type in Campbellsville, accounting for 70.24% of the city's housing units. Other types of housing that are prevalent in Campbellsville include duplexes, homes converted to apartments or other small apartment buildings ( 15.95%), large apartment complexes or high rise apartments ( 6.47%), and a few mobile homes or trailers ( 4.13%).

The most prevalent building size and type in Campbellsville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 46.36% owning and 53.64% renting.

There is a lot of housing in Campbellsville 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 Campbellsville built between 1940-1969 ( 32.08%). A lesser amount of the housing stock also hails from before 1939 ( 8.78%). There's also some housing in Campbellsville built between 2000 and later ( 7.15%).

Campbellsville Home Appreciation Rates

Appreciation rates for homes in Campbellsville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 5.78%, which ranks in the top 40% nationwide. This equates to an annual average Campbellsville house appreciation rate of 0.56%.

NeighborhoodScout's data show that during the latest twelve months, Campbellsville's appreciation rate, at 4.73%, has been at or slightly above the national average. In the latest quarter, Campbellsville's appreciation rate has been 0.56%, which annualizes to a rate of 2.24%.

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

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Campbellsville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Campbellsville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Campbellsville real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$118,479

Campbellsville, KY HOME PRICES

Value Range
> $1,075,000 0.2
$806,001 - $1,075,000 0.4
$538,001 - $806,000 0.4
$430,001 - $538,000 0.0
$323,001 - $430,000 2.5
$215,001 - $323,000 10.8
$107,001 - $215,000 35.5
$54,001 - $107,000 33.9
$0 - $54,000 16.3

Average for KY
Low for Nation

Value Relative to Nation Value Relative to State
66.4010312902848 40.6015037593985

Number Of Homes And Apartments:
4,405

Campbellsville 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
33.66% 1.70% 5 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$774 / per month

Homeownership Rate

Homeownership
Owners 46.36
Renters 53.64
Vacant 9.47

Housing Market Details

 

Age of Homes

AGE OF Campbellsville HOMES
2000 or Newer 7.2
1970 - 1999 52.0
1940 - 1969 32.1
1939 or Older 8.8

Types of Homes

TYPE OF Campbellsville HOMES
Single-Family 70.2
Townhomes 3.2
Small Apt. Buildings 15.9
Apt. Complexes 6.5
Mobile Homes 4.1
Other 0.0

Home Size

SIZE OF Campbellsville HOMES
No Bedroom 1.42
1 Bedroom 9.78
2 Bedrooms 35.39
3 Bedrooms 45.19
4 Bedrooms 6.19
5 or more bedrooms 2.03

Zip Codes in Campbellsville, KY