Hartford, KY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Hartford Neighborhoods Since 2000




Hartford, 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

Hartford Housing Market Information

With 2,750 people, 1,031 houses or apartments, and a median cost of homes of $89,572, 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 11.95%, which ranks in the top 30% nationwide. This equates to an annual average Hartford house appreciation rate of 1.13%.

Appreciation rates are so strong in Hartford that despite a nationwide downturn in the housing market, Hartford real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Hartford appreciation rates continue to be some of the highest in America, at 5.73%, which is higher than appreciation rates in 71.66% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Hartford. Hartford appreciation rates in the latest quarter were at 0.72%, which equates to an annual appreciation rate of 2.89%.

Relative to Kentucky, our data show that Hartford's latest annual appreciation rate is higher than 80% of the other cities and towns in Kentucky.

Average Home Values

 

Median Home Value:
$89,572

Hartford, KY HOME PRICES

Value Range
> $1,106,000 1.5
$829,001 - $1,106,000 0.0
$552,001 - $829,000 2.1
$442,001 - $552,000 1.3
$332,001 - $442,000 0.0
$221,001 - $332,000 9.9
$110,001 - $221,000 18.9
$55,001 - $110,000 43.5
$0 - $55,000 22.8

Low for KY
Very Low for Nation

Value Relative to Nation Value Relative to State
84.31384038439 63.9097744360902

Number Of Homes And Apartments:
1,031

Hartford 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
43.43% 2.11% 7 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$607 / 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

Popular Neighborhoods in Hartford

Zip Codes in Hartford, KY