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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Frenchburg, KY Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Frenchburg, KY Housing Market Trends

With 611 people, 247 houses or apartments, and a median cost of homes of $161,610, the cost of homes in Frenchburg is among some of the lowest in the nation. Compared to Kentucky, however, Frenchburg real state is not on the lower end of the price spectrum.

Single-family detached homes are the single most common housing type in Frenchburg, accounting for 65.97% of the city's housing units. Other types of housing that are prevalent in Frenchburg include large apartment complexes or high rise apartments ( 12.85%), mobile homes or trailers ( 11.11%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.29%).

The most prevalent building size and type in Frenchburg are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 48.58% owning and 51.42% renting.

There is a lot of housing in Frenchburg 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 Frenchburg built between 2000 and later ( 25.69%). A lesser amount of the housing stock also hails from between 1940-1969 ( 19.10%). There's also some housing in Frenchburg built before 1939 ( 4.86%).

Vacant housing appears to be an issue in Frenchburg. Fully 14.24% of the housing stock is classified as vacant. Left unchecked, vacant Frenchburg homes and apartments can be a drag on the real estate market, holding Frenchburg 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.

Frenchburg Home Appreciation Rates

Appreciation rates for homes in Frenchburg have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 95.70%, which ranks in the top 40% nationwide. This equates to an annual average Frenchburg house appreciation rate of 6.94%.

NeighborhoodScout's data show that during the latest twelve months, Frenchburg's appreciation rate, at 6.33%, has been at or slightly above the national average. In the latest quarter, Frenchburg's appreciation rate has been 0.00%, which annualizes to a rate of 0.00%.

Relative to Kentucky, our data show that Frenchburg's latest annual appreciation rate is higher than 50% of the other cities and towns in Kentucky.

Average Home Values

Median Home Value

$161,610

Frenchburg, KY Home Prices
> $1,399,000
$1,049,001 - $1,399,000
$699,001 - $1,049,000
$559,001 - $699,000
$419,001 - $559,000
$280,001 - $419,000
$140,001 - $280,000
$70,001 - $140,000
$0 - $70,000
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.2%
0.2%
0.9%
0.9%
5.3%
5.3%
49.3%
49.3%
33.3%
33.3%
11.0%
11.0%
0% 100.0%
% of Homes
Average

for Kentucky

Very Low

for nation

Number of Homes And Apartments:

247

Frenchburg Appreciation Rates

Rent & Ownership

Average Market Rent:

$938 / per month

Homeownership Rate

Owners
Renters
48.6%
48.6%
51.4%
51.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
14.2%
14.2%
85.8%
85.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
25.7%
25.7%
50.3%
50.3%
19.1%
19.1%
4.9%
4.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
66.0%
66.0%
2.8%
2.8%
7.3%
7.3%
12.8%
12.8%
11.1%
11.1%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
11.5%
11.5%
26.0%
26.0%
51.0%
51.0%
9.0%
9.0%
2.4%
2.4%
0% 100.0%
% of Homes

Popular Neighborhoods in Frenchburg

Zip Codes in Frenchburg, KY