Hardinsburg, KY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Hardinsburg, 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

Hardinsburg Housing Market Information

With 2,333 people, 905 houses or apartments, and a median cost of homes of $105,259, house prices in Hardinsburg are solidly below the national average.

Single-family detached homes are the single most common housing type in Hardinsburg, accounting for 71.30% of the city's housing units. Other types of housing that are prevalent in Hardinsburg include mobile homes or trailers ( 10.70%), duplexes, homes converted to apartments or other small apartment buildings ( 10.70%), and a few large apartment complexes or high rise apartments ( 5.10%).

The most prevalent building size and type in Hardinsburg are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.96% owning and 38.04% renting.

There is a lot of housing in Hardinsburg 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 Hardinsburg built between 1940-1969 ( 21.40%). A lesser amount of the housing stock also hails from before 1939 ( 10.80%). There's also some housing in Hardinsburg built between 2000 and later ( 10.30%).

Hardinsburg Home Appreciation Rates

Appreciation rates for homes in Hardinsburg have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 13.41%, which ranks in the top 30% nationwide. This equates to an annual average Hardinsburg house appreciation rate of 1.27%.

NeighborhoodScout's data show that during the latest twelve months, Hardinsburg's appreciation rate, at 3.22%, has been at or slightly above the national average. In the latest quarter, Hardinsburg's appreciation rate has been 0.56%, which annualizes to a rate of 2.24%.

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

Average Home Values

 

Median Home Value:
$105,259

Hardinsburg, KY HOME PRICES

Value Range
> $1,071,000 3.6
$803,001 - $1,071,000 0.4
$535,001 - $803,000 2.2
$428,001 - $535,000 0.0
$321,001 - $428,000 5.4
$214,001 - $321,000 6.6
$107,001 - $214,000 25.9
$54,001 - $107,000 40.9
$0 - $54,000 15.1

Average for KY
Low for Nation

Value Relative to Nation Value Relative to State
74.147427633892 51.6290726817043

Number Of Homes And Apartments:
905

Hardinsburg 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
43.12% 2.10% 7 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$710 / per month

Homeownership Rate

Homeownership
Owners 61.96
Renters 38.04
Vacant 9.50

Housing Market Details

 

Age of Homes

AGE OF Hardinsburg HOMES
2000 or Newer 10.3
1970 - 1999 57.5
1940 - 1969 21.4
1939 or Older 10.8

Types of Homes

TYPE OF Hardinsburg HOMES
Single-Family 71.3
Townhomes 2.2
Small Apt. Buildings 10.7
Apt. Complexes 5.1
Mobile Homes 10.7
Other 0.0

Home Size

SIZE OF Hardinsburg HOMES
No Bedroom 1.50
1 Bedroom 3.00
2 Bedrooms 30.60
3 Bedrooms 53.30
4 Bedrooms 8.30
5 or more bedrooms 3.30

Popular Neighborhoods in Hardinsburg

Zip Codes in Hardinsburg, KY