Lawrenceburg, KY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Lawrenceburg Neighborhoods Since 2000




Lawrenceburg, 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

Lawrenceburg Housing Market Information

With a population of 11,103, 4,434 total housing units (homes and apartments), and a median house value of $144,903, Lawrenceburg real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Lawrenceburg, accounting for 77.21% of the city's housing units. Other types of housing that are prevalent in Lawrenceburg include duplexes, homes converted to apartments or other small apartment buildings ( 15.14%), large apartment complexes or high rise apartments ( 3.48%), and a few row houses and other attached homes ( 2.22%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Lawrenceburg. Owner-occupied housing accounts for 66.80% of Lawrenceburg's homes, and 73.96% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Lawrenceburg 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 Lawrenceburg built between 2000 and later ( 20.61%). A lesser amount of the housing stock also hails from between 1940-1969 ( 10.62%). There's also some housing in Lawrenceburg built before 1939 ( 8.50%).

Lawrenceburg Home Appreciation Rates

Real estate appreciation rates in Lawrenceburg's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.13% during the period.

Over the last year, Lawrenceburg appreciation rates have trailed the rest of the nation. In the last twelve months, Lawrenceburg's appreciation rate has been 2.16%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lawrenceburg were at 0.56%, which equates to an annual appreciation rate of 2.24%.

Relative to Kentucky, our data show that Lawrenceburg's latest annual appreciation rate is lower than 70% of the other cities and towns in Kentucky.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Lawrenceburg differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Lawrenceburg - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Lawrenceburg real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$144,903

Lawrenceburg, KY HOME PRICES

Value Range
> $1,044,000 0.9
$783,001 - $1,044,000 0.4
$522,001 - $783,000 1.4
$417,001 - $522,000 1.5
$313,001 - $417,000 2.3
$209,001 - $313,000 12.7
$104,001 - $209,000 60.9
$52,001 - $104,000 15.2
$0 - $52,000 4.6

High for KY
Average for Nation

Value Relative to Nation Value Relative to State
52.2442282901676 23.8095238095238

Number Of Homes And Apartments:
4,434

Lawrenceburg 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
18.66% 1.00% 2 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$996 / per month

Homeownership Rate

Homeownership
Owners 66.80
Renters 33.20
Vacant 8.78

Housing Market Details

 

Age of Homes

AGE OF Lawrenceburg HOMES
2000 or Newer 20.6
1970 - 1999 60.3
1940 - 1969 10.6
1939 or Older 8.5

Types of Homes

TYPE OF Lawrenceburg HOMES
Single-Family 77.2
Townhomes 2.2
Small Apt. Buildings 15.1
Apt. Complexes 3.5
Mobile Homes 2.0
Other 0.0

Home Size

SIZE OF Lawrenceburg HOMES
No Bedroom 0.51
1 Bedroom 2.80
2 Bedrooms 22.73
3 Bedrooms 67.56
4 Bedrooms 6.40
5 or more bedrooms 0.00