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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.



Hillview, 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

Hillview, KY Housing Market Trends

With 8,771 people, 3,043 houses or apartments, and a median cost of homes of $236,789, house prices in Hillview are solidly below the national average.

Single-family detached homes are the single most common housing type in Hillview, accounting for 88.66% of the city's housing units. Other types of housing that are prevalent in Hillview include large apartment complexes or high rise apartments ( 4.18%), duplexes, homes converted to apartments or other small apartment buildings ( 4.02%), and a few row houses and other attached homes ( 3.13%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hillview. Owner-occupied housing accounts for 75.52% of Hillview's homes, and 70.97% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Hillview 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 Hillview built between 1940-1969 ( 22.74%). A lesser amount of the housing stock also hails from between 2000 and later ( 20.09%).

Hillview Home Appreciation Rates

Appreciation rates for homes in Hillview have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 90.62%, which ranks in the top 40% nationwide. This equates to an annual average Hillview house appreciation rate of 6.66%.

NeighborhoodScout's data show that during the latest twelve months, Hillview's appreciation rate, at 5.78%, has been at or slightly above the national average. In the latest quarter, Hillview's appreciation rate has been 0.18%, which annualizes to a rate of 0.74%.

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

Average Home Values

Median Home Value

$236,789

Hillview, KY Home Prices
> $1,301,000
$975,001 - $1,301,000
$650,001 - $975,000
$520,001 - $650,000
$390,001 - $520,000
$260,001 - $390,000
$130,001 - $260,000
$65,001 - $130,000
$0 - $65,000
0.1%
0.1%
0.6%
0.6%
0.1%
0.1%
2.9%
2.9%
4.9%
4.9%
22.5%
22.5%
61.3%
61.3%
4.8%
4.8%
2.7%
2.7%
0% 100.0%
% of Homes
High

for Kentucky

Average

for nation

Number of Homes And Apartments:

3,043

Hillview Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,052 / per month

Homeownership Rate

Owners
Renters
75.5%
75.5%
24.5%
24.5%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
2.8%
2.8%
97.2%
97.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
20.1%
20.1%
56.6%
56.6%
22.7%
22.7%
0.6%
0.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
88.7%
88.7%
3.1%
3.1%
4.0%
4.0%
4.2%
4.2%
0.0%
0.0%
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
0.5%
0.5%
4.1%
4.1%
19.6%
19.6%
60.8%
60.8%
10.1%
10.1%
4.8%
4.8%
0% 100.0%
% of Homes