Jeffersontown, KY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Jeffersontown Neighborhoods Since 2000




Jeffersontown, 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

Jeffersontown Housing Market Information

With a population of 26,946, 10,740 total housing units (homes and apartments), and a median house value of $197,981, Jeffersontown real estate is some of the most expensive in Kentucky, although Jeffersontown home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Jeffersontown, accounting for 64.26% of the city's housing units. Other types of housing that are prevalent in Jeffersontown include large apartment complexes or high rise apartments ( 25.25%), row houses and other attached homes ( 7.92%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.57%).

The most prevalent building size and type in Jeffersontown are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 64.66% owning and 35.34% renting.

There is a lot of housing in Jeffersontown 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 Jeffersontown built between 1940-1969 ( 23.22%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.17%). There's also some housing in Jeffersontown built before 1939 ( 1.90%).

Jeffersontown Home Appreciation Rates

Appreciation rates for homes in Jeffersontown have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 10.16%, which ranks in the top 30% nationwide. This equates to an annual average Jeffersontown house appreciation rate of 0.97%.

NeighborhoodScout's data show that during the latest twelve months, Jeffersontown's appreciation rate, at 5.51%, has been at or slightly above the national average. In the latest quarter, Jeffersontown's appreciation rate has been 1.69%, which annualizes to a rate of 6.95%.

Importantly, this makes Jeffersontown 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 Jeffersontown's latest annual appreciation rate is higher than 80% of the other cities and towns in Kentucky.

Average Home Values

 

Median Home Value:
$197,981

Jeffersontown, KY HOME PRICES

Value Range
> $1,121,000 0.0
$841,001 - $1,121,000 0.0
$560,001 - $841,000 0.2
$449,001 - $560,000 0.6
$336,001 - $449,000 5.8
$224,001 - $336,000 22.8
$112,001 - $224,000 62.5
$56,001 - $112,000 5.5
$0 - $56,000 2.5

Very High for KY
High for Nation

Value Relative to Nation Value Relative to State
32.7727645611157 9.77443609022556

Number Of Homes And Apartments:
10,740

Jeffersontown 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
33.57% 1.69% 5 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,123 / per month

Homeownership Rate

Homeownership
Owners 64.66
Renters 35.34
Vacant 6.73

Housing Market Details

 

Age of Homes

AGE OF Jeffersontown HOMES
2000 or Newer 9.2
1970 - 1999 65.7
1940 - 1969 23.2
1939 or Older 1.9

Types of Homes

TYPE OF Jeffersontown HOMES
Single-Family 64.3
Townhomes 7.9
Small Apt. Buildings 2.6
Apt. Complexes 25.2
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Jeffersontown HOMES
No Bedroom 1.06
1 Bedroom 12.03
2 Bedrooms 20.43
3 Bedrooms 44.97
4 Bedrooms 18.94
5 or more bedrooms 2.58