Fort Thomas, KY


Highest Appreciating Fort Thomas Neighborhoods Since 2000

Fort Thomas, 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

Fort Thomas Housing Market Information

With a population of 16,398, 6,422 total housing units (homes and apartments), and a median house value of $221,960, Fort Thomas real estate is some of the most expensive in Kentucky, although Fort Thomas home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Fort Thomas, accounting for 65.12% of the city's housing units. Other types of housing that are prevalent in Fort Thomas include large apartment complexes or high rise apartments ( 16.95%), duplexes, homes converted to apartments or other small apartment buildings ( 14.18%), and a few row houses and other attached homes ( 3.39%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fort Thomas. Owner-occupied housing accounts for 70.44% of Fort Thomas's homes, and 54.43% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Fort Thomas's housing was primarily built during this period, from the '40s through the '60s. A full 36.17% of the city's housing hails from this era. Other housing ages represented in Fort Thomas include homes built before 1939 ( 31.50%) and housing constructed between 1970-1999 ( 27.76%). There's also some housing in Fort Thomas built between 2000 and later ( 4.57%).

Fort Thomas Home Appreciation Rates

Appreciation rates for homes in Fort Thomas have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 8.75%, which ranks in the top 40% nationwide. This equates to an annual average Fort Thomas house appreciation rate of 0.84%.

NeighborhoodScout's data show that during the latest twelve months, Fort Thomas's appreciation rate, at 4.25%, has been at or slightly above the national average. In the latest quarter, Fort Thomas's appreciation rate has been 0.43%, which annualizes to a rate of 1.74%.

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

Average Home Values


Median Home Value:


Value Range
> $1,092,000 0.3
$819,001 - $1,092,000 0.9
$546,001 - $819,000 2.8
$437,001 - $546,000 5.4
$328,001 - $437,000 10.4
$218,001 - $328,000 23.0
$109,001 - $218,000 48.0
$54,001 - $109,000 6.5
$0 - $54,000 2.6

Very High for KY
High for Nation

Value Relative to Nation Value Relative to State
27.29989452713 7.5187969924812

Number Of Homes And Apartments:

Fort Thomas 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
40.40% 1.99% 6 5
* 10 is highest

Rent & Ownership


Average Market Rent:
$993 / per month

Homeownership Rate

Owners 70.44
Renters 29.56
Vacant 9.65

Housing Market Details


Age of Homes

AGE OF Fort Thomas HOMES
2000 or Newer 4.6
1970 - 1999 27.8
1940 - 1969 36.2
1939 or Older 31.5

Types of Homes

Single-Family 65.1
Townhomes 3.4
Small Apt. Buildings 14.2
Apt. Complexes 17.0
Mobile Homes 0.4
Other 0.0

Home Size

No Bedroom 0.83
1 Bedroom 12.45
2 Bedrooms 27.93
3 Bedrooms 34.57
4 Bedrooms 19.86
5 or more bedrooms 4.36