Cold Spring, KY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Cold Spring Neighborhoods Since 2000




Cold Spring, 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

Cold Spring Housing Market Information

With 6,170 people, 2,706 houses or apartments, and a median cost of homes of $165,761, Cold Spring real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Cold Spring, accounting for 45.87% of the city's housing units. Other types of housing that are prevalent in Cold Spring include large apartment complexes or high rise apartments ( 28.27%), row houses and other attached homes ( 20.38%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.05%).

Dwellings in Cold Spring tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 51.42% of the homes in Cold Spring have two or fewer bedrooms.

Cold Spring homes and real estate are some of the newest in America. 50.75% of Cold Spring's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Cold Spring real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 40.26%), and between 1940-1969 ( 9.00%).

Cold Spring Home Appreciation Rates

Appreciation rates for homes in Cold Spring have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 1.75%, which ranks in the top 50% nationwide. This equates to an annual average Cold Spring house appreciation rate of 0.17%.

NeighborhoodScout's data show that during the latest twelve months, Cold Spring's appreciation rate, at 4.85%, has been at or slightly above the national average. In the latest quarter, Cold Spring's appreciation rate has been 0.43%, which annualizes to a rate of 1.74%.

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

Average Home Values

 

Median Home Value:
$165,761

Cold Spring, KY HOME PRICES

Value Range
> $1,085,000 0.4
$814,001 - $1,085,000 0.2
$543,001 - $814,000 1.5
$434,001 - $543,000 2.7
$326,001 - $434,000 7.1
$217,001 - $326,000 18.5
$109,001 - $217,000 48.1
$54,001 - $109,000 17.0
$0 - $54,000 4.4

Very High for KY
Average for Nation

Value Relative to Nation Value Relative to State
43.3347005742412 15.9147869674185

Number Of Homes And Apartments:
2,706

Cold Spring 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
26.01% 1.35% 3 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$976 / per month

Homeownership Rate

Homeownership
Owners 86.29
Renters 13.71
Vacant 3.77

Housing Market Details

 

Age of Homes

AGE OF Cold Spring HOMES
2000 or Newer 50.7
1970 - 1999 40.3
1940 - 1969 9.0
1939 or Older 0.0

Types of Homes

TYPE OF Cold Spring HOMES
Single-Family 45.9
Townhomes 20.4
Small Apt. Buildings 5.0
Apt. Complexes 28.3
Mobile Homes 0.4
Other 0.0

Home Size

SIZE OF Cold Spring HOMES
No Bedroom 1.64
1 Bedroom 0.96
2 Bedrooms 48.83
3 Bedrooms 25.39
4 Bedrooms 20.77
5 or more bedrooms 2.42