Hartford, KY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Hartford Neighborhoods Since 2000




Hartford, KY Real Estate Data


Hartford Housing Market Information

With a population of 2,750, 1,031 total housing units (homes and apartments), and a median house value of $88,796, house prices in Hartford are solidly below the national average.

Single-family detached homes are the single most common housing type in Hartford, accounting for 66.99% of the city's housing units. Other types of housing that are prevalent in Hartford include large apartment complexes or high rise apartments ( 14.18%), mobile homes or trailers ( 11.78%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.69%).

The most prevalent building size and type in Hartford are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 60.99% owning and 39.01% renting.

There is a lot of housing in Hartford 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 Hartford built between 1940-1969 ( 35.24%). A lesser amount of the housing stock also hails from before 1939 ( 5.98%). There's also some housing in Hartford built between 2000 and later ( 5.80%).

Hartford Home Appreciation Rates

Appreciation rates for homes in Hartford have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 10.11%, which ranks in the top 30% nationwide. This equates to an annual average Hartford house appreciation rate of 0.97%.

NeighborhoodScout's data show that during the latest twelve months, Hartford's appreciation rate, at 4.01%, has been at or slightly above the national average. In the latest quarter, Hartford's appreciation rate has been 1.54%, which annualizes to a rate of 6.30%.

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

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

Average Home Values

 

Median Home Value:
$88,796

Hartford, KY HOME PRICES

Value Range
> $1,096,000 1.5
$822,001 - $1,096,000 0.0
$548,001 - $822,000 2.1
$438,001 - $548,000 1.3
$329,001 - $438,000 0.0
$219,001 - $329,000 9.9
$109,001 - $219,000 18.9
$55,001 - $109,000 43.5
$0 - $55,000 22.8

Low for KY
Very Low for Nation

Value Relative to Nation Value Relative to State
84.7503808742529 64.1604010025063

Number Of Homes And Apartments:
1,031

Rent & Ownership

 

Average Market Rent:
$571 / per month

Homeownership Rate

Homeownership
Owners 60.99
Renters 39.01
Vacant 8.03

Housing Market Details

 

Age of Homes

AGE OF Hartford HOMES
2000 or Newer 5.8
1970 - 1999 53.0
1940 - 1969 35.2
1939 or Older 6.0

Types of Homes

TYPE OF Hartford HOMES
Single-Family 67.0
Townhomes 0.4
Small Apt. Buildings 6.7
Apt. Complexes 14.2
Mobile Homes 11.8
Other 0.0

Home Size

SIZE OF Hartford HOMES
No Bedroom 0.45
1 Bedroom 9.90
2 Bedrooms 30.06
3 Bedrooms 44.87
4 Bedrooms 11.78
5 or more bedrooms 2.94

Hartford Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
KY*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
42.54% 2.08% 7 5
* 10 is highest

Popular Neighborhoods in Hartford

Zip Codes in Hartford, KY