Mammoth Cave, KY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Mammoth Cave, 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

Mammoth Cave Housing Market Information

With 1,615 people, 474 houses or apartments, and a median cost of homes of $79,349, house prices in Mammoth Cave are solidly below the national average.

Single-family detached homes are the single most common housing type in Mammoth Cave, accounting for 56.66% of the town's housing units. Other types of housing that are prevalent in Mammoth Cave include mobile homes or trailers ( 42.08%).

People in Mammoth Cave primarily live in small (one, two or no bedroom) single-family detached homes. Mammoth Cave has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Mammoth Cave 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 Mammoth Cave built between 2000 and later ( 24.82%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.07%). There's also some housing in Mammoth Cave built before 1939 ( 2.24%).

A decent proportion of the Mammoth Cave housing stock is seasonally occupied. That is, homes and condos in Mammoth Cave are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Mammoth Cave housing market speaks to its popularity as a vacation location of choice.

Mammoth Cave Home Appreciation Rates

Appreciation rates for homes in Mammoth Cave have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 10.98%, which ranks in the top 30% nationwide. This equates to an annual average Mammoth Cave house appreciation rate of 1.05%.

NeighborhoodScout's data show that during the latest twelve months, Mammoth Cave's appreciation rate, at 3.91%, has been at or slightly above the national average. In the latest quarter, Mammoth Cave's appreciation rate has been -2.64%, which annualizes to a rate of -10.16%.

Notably, Mammoth Cave's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

 

Median Home Value:
$79,349

Mammoth Cave, KY HOME PRICES

Value Range
> $1,084,000 0.8
$814,001 - $1,084,000 0.0
$543,001 - $814,000 2.0
$434,001 - $543,000 0.0
$325,001 - $434,000 2.3
$217,001 - $325,000 6.8
$108,001 - $217,000 10.1
$54,001 - $108,000 51.8
$0 - $54,000 26.2

Low for KY
Very Low for Nation

Value Relative to Nation Value Relative to State
90.897105355678 76.1904761904762

Number Of Homes And Apartments:
474

Mammoth Cave 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
43.46% 2.11% 7 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$807 / per month

Homeownership Rate

Homeownership
Owners 64.60
Renters 34.15
Vacant 62.79

Housing Market Details

 

Age of Homes

AGE OF Mammoth Cave HOMES
2000 or Newer 24.8
1970 - 1999 55.6
1940 - 1969 16.1
1939 or Older 2.2

Types of Homes

TYPE OF Mammoth Cave HOMES
Single-Family 56.7
Townhomes 0.0
Small Apt. Buildings 0.0
Apt. Complexes 0.0
Mobile Homes 42.1
Other 0.0

Home Size

SIZE OF Mammoth Cave HOMES
No Bedroom 3.81
1 Bedroom 6.50
2 Bedrooms 40.89
3 Bedrooms 41.78
4 Bedrooms 4.56
5 or more bedrooms 1.20

Popular Neighborhoods in Mammoth Cave

Zip Codes in Mammoth Cave, KY