Eddyville, KY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Eddyville Neighborhoods Since 2000




Eddyville, 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

Eddyville Housing Market Information

With 2,577 people, 858 houses or apartments, and a median cost of homes of $142,427, Eddyville 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 Eddyville, accounting for 53.10% of the city's housing units. Other types of housing that are prevalent in Eddyville include duplexes, homes converted to apartments or other small apartment buildings ( 29.81%), mobile homes or trailers ( 7.93%), and a few large apartment complexes or high rise apartments ( 6.61%).

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

There is a lot of housing in Eddyville 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 Eddyville built between 1940-1969 ( 32.66%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.34%). There's also some housing in Eddyville built before 1939 ( 2.34%).

Vacant housing appears to be an issue in Eddyville. Fully 12.72% of the housing stock is classified as vacant. Left unchecked, vacant Eddyville homes and apartments can be a drag on the real estate market, holding Eddyville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Eddyville Home Appreciation Rates

In the last 10 years, Eddyville has experienced some of the highest home appreciation rates of any community in the nation. Eddyville real estate appreciated 24.24% over the last ten years, which is an average annual home appreciation rate of 2.19%, putting Eddyville in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Eddyville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Eddyville's appreciation rate, at 4.41%, has been at or slightly above the national average. In the latest quarter, Eddyville's appreciation rate has been 0.56%, which annualizes to a rate of 2.24%.

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

Average Home Values

 

Median Home Value:
$142,427

Eddyville, KY HOME PRICES

Value Range
> $1,101,000 0.8
$826,001 - $1,101,000 0.1
$550,001 - $826,000 2.3
$440,001 - $550,000 0.8
$330,001 - $440,000 7.1
$220,001 - $330,000 13.4
$110,001 - $220,000 33.3
$55,001 - $110,000 31.7
$0 - $55,000 10.5

High for KY
Average for Nation

Value Relative to Nation Value Relative to State
53.627094808391 25.31328320802

Number Of Homes And Apartments:
858

Eddyville 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
51.82% 2.45% 9 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$556 / per month

Homeownership Rate

Homeownership
Owners 36.55
Renters 63.45
Vacant 12.72

Housing Market Details

 

Age of Homes

AGE OF Eddyville HOMES
2000 or Newer 8.3
1970 - 1999 56.7
1940 - 1969 32.7
1939 or Older 2.3

Types of Homes

TYPE OF Eddyville HOMES
Single-Family 53.1
Townhomes 2.2
Small Apt. Buildings 29.8
Apt. Complexes 6.6
Mobile Homes 7.9
Other 0.3

Home Size

SIZE OF Eddyville HOMES
No Bedroom 0.31
1 Bedroom 23.80
2 Bedrooms 29.60
3 Bedrooms 37.44
4 Bedrooms 8.14
5 or more bedrooms 0.71

Popular Neighborhoods in Eddyville

Popular Communities Near Eddyville, KY

Zip Codes in Eddyville, KY