Fort Campbell, KY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Fort Campbell, KY Real Estate Data


Fort Campbell Housing Market Information

Duplexes, homes converted to apartments or other small apartment buildings are the single most common housing type in Fort Campbell, accounting for 38.77% of the town's housing units. Other types of housing that are prevalent in Fort Campbell include row houses and other attached homes ( 22.64%), large apartment complexes or high rise apartments ( 8.08%), and a few single-family detached homes ( 3.03%). Towns that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of towns are often walkable and compact, and often have a lively downtown.

Renters dominate Fort Campbell's housing market, and most live in three of four bedroom dwellings.

There is a lot of housing in Fort Campbell 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 Fort Campbell built between 2000 and later ( 19.04%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.31%).

Fort Campbell Home Appreciation Rates

Appreciation rates for homes in Fort Campbell have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.49%, which ranks in the top 50% nationwide. This equates to an annual average Fort Campbell house appreciation rate of 0.34%.

Over the last year, Fort Campbell appreciation rates have trailed the rest of the nation. In the last twelve months, Fort Campbell's appreciation rate has been 1.32%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fort Campbell were at 3.31%, which equates to an annual appreciation rate of 13.93%.

Importantly, this makes Fort Campbell one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Kentucky, our data show that Fort Campbell'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 town. Individual neighborhoods within Fort Campbell differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Fort Campbell - 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 Fort Campbell real estate investment or home purchase decisions.

Average Home Values

 

Rent & Ownership

 

Average Market Rent:
$1,492 / per month

Homeownership Rate

Homeownership
Owners 0.25
Renters 72.65
Vacant 5.59

Housing Market Details

 

Age of Homes

AGE OF Fort Campbell HOMES
2000 or Newer 19.0
1970 - 1999 37.7
1940 - 1969 15.3
1939 or Older 0.9

Types of Homes

TYPE OF Fort Campbell HOMES
Single-Family 3.0
Townhomes 22.6
Small Apt. Buildings 38.8
Apt. Complexes 8.1
Mobile Homes 0.4
Other 0.0

Home Size

SIZE OF Fort Campbell HOMES
No Bedroom 0.00
1 Bedroom 1.68
2 Bedrooms 14.35
3 Bedrooms 35.66
4 Bedrooms 20.89
5 or more bedrooms 0.32

Fort Campbell 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
36.34% 1.84% 5 4
* 10 is highest