Kentucky
REAL ESTATE APPRECIATION & HOUSING MARKET TRENDS






Kentucky Real Estate Market & Appreciation

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 Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Average Home Values

Median Home Value:
$159,051

Number Of Homes And Apartments:
1,734,618

Kentucky Home Prices

> $1,212,275
0.7%
0.7%
$908,940 - $1,212,275
0.6%
0.6%
$606,177 - $908,939
2.1%
2.1%
$484,899 - $606,176
2.4%
2.4%
$363,643 - $484,898
6.0%
6.0%
$242,367 - $363,642
15.0%
15.0%
$121,237 - $242,366
38.4%
38.4%
$60,612 - $121,236
22.1%
22.1%
$0 - $60,611
12.7%
12.7%
0.0% 100.0%
% OF HOMES

Kentucky Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2021 Q1 - 2021 Q2
4.68% 20.08%
5
Last 12 Months:
2020 Q2 - 2021 Q2
10.60% 10.60%
4
Last 2 Years:
2019 Q2 - 2021 Q2
15.45% 7.45%
5
Last 5 Years:
2016 Q2 - 2021 Q2
31.22% 5.58%
5
Last 10 Years:
2011 Q2 - 2021 Q2
45.30% 3.81%
5
Since 2000:
2000 Q1 - 2021 Q2
86.26% 2.97%
3
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,044 / per month

Homeownership Rate

Owners
65.2%
65.2%
Renters
34.8%
34.8%
Vacant
12.6%
12.6%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
19.8%
19.8%
1970 - 1999
46.0%
46.0%
1940 - 1969
24.4%
24.4%
1939 or Older
9.8%
9.8%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
67.3%
67.3%
Townhomes
2.5%
2.5%
Small Apt. Buildings
7.3%
7.3%
Apt. Complexes
11.0%
11.0%
Mobile Homes
11.8%
11.8%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.5%
1.5%
1 Bedroom
8.1%
8.1%
2 Bedrooms
26.6%
26.6%
3 Bedrooms
45.1%
45.1%
4 Bedrooms
14.9%
14.9%
5 or more bedrooms
3.7%
3.7%
0.0% 100.0%
% OF HOMES