Hebron, KY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Hebron Neighborhoods Since 2000




Hebron, 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

Hebron Housing Market Information

With a population of 6,308, 2,032 total housing units (homes and apartments), and a median house value of $203,103, Hebron real estate is some of the most expensive in Kentucky, although Hebron home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Hebron, accounting for 89.86% of the town's housing units. Other types of housing that are prevalent in Hebron include large apartment complexes or high rise apartments ( 5.09%), row houses and other attached homes ( 3.30%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.75%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hebron. Owner-occupied housing accounts for 75.59% of Hebron's homes, and 92.04% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Hebron 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 Hebron built between 2000 and later ( 31.97%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.86%).

Hebron Home Appreciation Rates

Real estate appreciation rates in Hebron's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.02% during the period.

Over the last year, Hebron appreciation rates have trailed the rest of the nation. In the last twelve months, Hebron's appreciation rate has been 2.83%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hebron were at 0.43%, which equates to an annual appreciation rate of 1.74%.

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

Average Home Values

 

Median Home Value:
$203,103

Hebron, KY HOME PRICES

Value Range
> $1,084,000 2.1
$813,001 - $1,084,000 0.0
$542,001 - $813,000 0.6
$434,001 - $542,000 2.3
$325,001 - $434,000 9.1
$217,001 - $325,000 17.4
$108,001 - $217,000 62.3
$54,001 - $108,000 5.2
$0 - $54,000 1.0

Very High for KY
High for Nation

Value Relative to Nation Value Relative to State
31.5305285362709 9.27318295739348

Number Of Homes And Apartments:
2,032

Hebron 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
12.39% 0.68% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,238 / per month

Homeownership Rate

Homeownership
Owners 75.59
Renters 24.41
Vacant 1.41

Housing Market Details

 

Age of Homes

AGE OF Hebron HOMES
2000 or Newer 32.0
1970 - 1999 59.5
1940 - 1969 7.9
1939 or Older 0.7

Types of Homes

TYPE OF Hebron HOMES
Single-Family 89.9
Townhomes 3.3
Small Apt. Buildings 1.7
Apt. Complexes 5.1
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Hebron HOMES
No Bedroom 0.00
1 Bedroom 0.00
2 Bedrooms 3.93
3 Bedrooms 71.37
4 Bedrooms 20.67
5 or more bedrooms 4.03