Corbin, KY


Highest Appreciating Corbin Neighborhoods Since 2000

Corbin, 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

Corbin Housing Market Information

With a population of 7,389, 2,672 total housing units (homes and apartments), and a median house value of $113,215, house prices in Corbin are solidly below the national average.

Single-family detached homes are the single most common housing type in Corbin, accounting for 64.11% of the city's housing units. Other types of housing that are prevalent in Corbin include duplexes, homes converted to apartments or other small apartment buildings ( 20.51%), large apartment complexes or high rise apartments ( 10.58%), and a few mobile homes or trailers ( 3.89%).

The most prevalent building size and type in Corbin are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.62% owning and 45.38% renting.

There is a lot of housing in Corbin 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 Corbin built between 1940-1969 ( 35.08%). A lesser amount of the housing stock also hails from before 1939 ( 11.93%). There's also some housing in Corbin built between 2000 and later ( 9.97%).

Corbin Home Appreciation Rates

Real estate appreciation rates in Corbin's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.69% during the period.

Over the last year, Corbin appreciation rates have trailed the rest of the nation. In the last twelve months, Corbin's appreciation rate has been -2.62%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Corbin were at 0.56%, which equates to an annual appreciation rate of 2.24%.

Relative to Kentucky, our data show that Corbin's latest annual appreciation rate is lower than 90% 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 Corbin differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Corbin - 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 Corbin real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,000,000 0.0
$750,001 - $1,000,000 0.3
$500,001 - $750,000 1.9
$400,001 - $500,000 0.9
$300,001 - $400,000 3.5
$200,001 - $300,000 9.1
$100,001 - $200,000 33.4
$50,001 - $100,000 33.4
$0 - $50,000 17.5

Average for KY
Low for Nation

Value Relative to Nation Value Relative to State
69.4187272940349 46.3659147869674

Number Of Homes And Apartments:

Corbin Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
19.13% 1.02% 2 2
* 10 is highest

Rent & Ownership


Average Market Rent:
$732 / per month

Homeownership Rate

Owners 54.62
Renters 45.38
Vacant 9.70

Housing Market Details


Age of Homes

2000 or Newer 10.0
1970 - 1999 43.0
1940 - 1969 35.1
1939 or Older 11.9

Types of Homes

Single-Family 64.1
Townhomes 0.9
Small Apt. Buildings 20.5
Apt. Complexes 10.6
Mobile Homes 3.9
Other 0.0

Home Size

No Bedroom 1.59
1 Bedroom 11.42
2 Bedrooms 30.25
3 Bedrooms 40.11
4 Bedrooms 11.63
5 or more bedrooms 5.00