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


Cold Spring Housing Market Information

With 6,170 people, 2,719 houses or apartments, and a median cost of homes of $168,286, 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 45.60% of the city's housing units. Other types of housing that are prevalent in Cold Spring include large apartment complexes or high rise apartments ( 27.67%), row houses and other attached homes ( 21.89%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.28%).

Dwellings in Cold Spring tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 50.30% of the homes in Cold Spring have two or fewer bedrooms.

Cold Spring homes and real estate are some of the newest in America. 49.98% 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 ( 39.14%), and between 1940-1969 ( 10.42%).

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 2.89%, which ranks in the top 50% nationwide. This equates to an annual average Cold Spring house appreciation rate of 0.28%.

NeighborhoodScout's data show that during the latest twelve months, Cold Spring's appreciation rate, at 4.81%, has been at or slightly above the national average. In the latest quarter, Cold Spring's appreciation rate has been 2.34%, which annualizes to a rate of 9.71%.

Relative to Kentucky, our data show that Cold Spring's latest annual appreciation rate is higher than 70% of the other cities and towns in Kentucky.

Average Home Values

 

Median Home Value:
$168,286

Cold Spring, KY HOME PRICES

Value Range
> $1,091,000 0.4
$818,001 - $1,091,000 0.0
$545,001 - $818,000 1.6
$436,001 - $545,000 1.6
$327,001 - $436,000 6.0
$218,001 - $327,000 19.0
$109,001 - $218,000 51.8
$55,001 - $109,000 15.0
$0 - $55,000 4.5

Very High for KY
Average for Nation

Value Relative to Nation Value Relative to State
43.3331381390174 17.2932330827068

Number Of Homes And Apartments:
2,719

Rent & Ownership

 

Average Market Rent:
$969 / per month

Homeownership Rate

Homeownership
Owners 86.91
Renters 13.09
Vacant 4.63

Housing Market Details

 

Age of Homes

AGE OF Cold Spring HOMES
2000 or Newer 50.0
1970 - 1999 39.1
1940 - 1969 10.4
1939 or Older 0.5

Types of Homes

TYPE OF Cold Spring HOMES
Single-Family 45.6
Townhomes 21.9
Small Apt. Buildings 4.3
Apt. Complexes 27.7
Mobile Homes 0.6
Other 0.0

Home Size

SIZE OF Cold Spring HOMES
No Bedroom 1.23
1 Bedroom 0.98
2 Bedrooms 48.09
3 Bedrooms 27.81
4 Bedrooms 19.92
5 or more bedrooms 1.96

Cold Spring 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
26.28% 1.38% 3 3
* 10 is highest