Hustonville, KY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Hustonville, 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

Hustonville Housing Market Information

With 399 people, 272 houses or apartments, and a median cost of homes of $106,176, house prices in Hustonville are solidly below the national average.

Single-family detached homes are the single most common housing type in Hustonville, accounting for 76.42% of the city's housing units. Other types of housing that are prevalent in Hustonville include mobile homes or trailers ( 9.12%), duplexes, homes converted to apartments or other small apartment buildings ( 9.12%), and a few large apartment complexes or high rise apartments ( 5.35%).

The most prevalent building size and type in Hustonville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 56.99% owning and 43.01% renting.

There is a lot of housing in Hustonville 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 Hustonville built between 1940-1969 ( 25.79%). A lesser amount of the housing stock also hails from before 1939 ( 13.21%). There's also some housing in Hustonville built between 2000 and later ( 11.64%).

Vacant housing appears to be an issue in Hustonville. Fully 14.47% of the housing stock is classified as vacant. Left unchecked, vacant Hustonville homes and apartments can be a drag on the real estate market, holding Hustonville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Hustonville Home Appreciation Rates

In the last 10 years, Hustonville has experienced some of the highest home appreciation rates of any community in the nation. Hustonville real estate appreciated 17.09% over the last ten years, which is an average annual home appreciation rate of 1.59%, putting Hustonville in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Hustonville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Hustonville's appreciation rate, at 3.97%, has been at or slightly above the national average. In the latest quarter, Hustonville's appreciation rate has been 0.56%, which annualizes to a rate of 2.24%.

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

Average Home Values

 

Median Home Value:
$106,176

Hustonville, KY HOME PRICES

Value Range
> $1,082,000 0.0
$811,001 - $1,082,000 0.0
$541,001 - $811,000 0.1
$433,001 - $541,000 0.0
$325,001 - $433,000 3.4
$216,001 - $325,000 5.9
$108,001 - $216,000 32.2
$54,001 - $108,000 42.1
$0 - $54,000 16.3

Average for KY
Low for Nation

Value Relative to Nation Value Relative to State
73.567326848705 50.6265664160401

Number Of Homes And Apartments:
272

Hustonville 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
37.23% 1.85% 6 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$743 / per month

Homeownership Rate

Homeownership
Owners 56.99
Renters 43.01
Vacant 14.47

Housing Market Details

 

Age of Homes

AGE OF Hustonville HOMES
2000 or Newer 11.6
1970 - 1999 49.4
1940 - 1969 25.8
1939 or Older 13.2

Types of Homes

TYPE OF Hustonville HOMES
Single-Family 76.4
Townhomes 0.0
Small Apt. Buildings 9.1
Apt. Complexes 5.3
Mobile Homes 9.1
Other 0.0

Home Size

SIZE OF Hustonville HOMES
No Bedroom 0.63
1 Bedroom 12.26
2 Bedrooms 18.55
3 Bedrooms 52.20
4 Bedrooms 14.15
5 or more bedrooms 2.20

Popular Neighborhoods in Hustonville

Zip Codes in Hustonville, KY