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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Scottsville, KY Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

Scottsville, KY Housing Market Trends

With a population of 4,433, 1,738 total housing units (homes and apartments), and a median house value of $281,549, Scottsville 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 Scottsville, accounting for 71.13% of the city's housing units. Other types of housing that are prevalent in Scottsville include duplexes, homes converted to apartments or other small apartment buildings ( 11.66%), large apartment complexes or high rise apartments ( 10.47%), and a few mobile homes or trailers ( 5.88%).

The most prevalent building size and type in Scottsville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 51.37% owning and 48.63% renting.

There is a lot of housing in Scottsville 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 Scottsville built between 1940-1969 ( 21.94%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.26%). There's also some housing in Scottsville built before 1939 ( 9.27%).

Vacant housing appears to be an issue in Scottsville. Fully 16.92% of the housing stock is classified as vacant. Left unchecked, vacant Scottsville homes and apartments can be a drag on the real estate market, holding Scottsville 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.

Scottsville Home Appreciation Rates

Appreciation rates for homes in Scottsville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 98.70%, which ranks in the top 30% nationwide. This equates to an annual average Scottsville house appreciation rate of 7.11%.

NeighborhoodScout's data show that during the latest twelve months, Scottsville's appreciation rate, at 6.39%, has been at or slightly above the national average. In the latest quarter, Scottsville's appreciation rate has been -2.32%, which annualizes to a rate of -8.95%.

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

Relative to Kentucky, our data show that Scottsville's latest annual appreciation rate is higher than 80% 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 Scottsville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Scottsville - 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 Scottsville real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$281,549

Scottsville, KY Home Prices
> $1,452,000
$1,090,001 - $1,452,000
$727,001 - $1,090,000
$581,001 - $727,000
$436,001 - $581,000
$291,001 - $436,000
$145,001 - $291,000
$73,001 - $145,000
$0 - $73,000
0.3%
0.3%
0.0%
0.0%
0.9%
0.9%
0.8%
0.8%
11.0%
11.0%
23.4%
23.4%
41.8%
41.8%
13.5%
13.5%
8.4%
8.4%
0% 100.0%
% of Homes
Very High

for Kentucky

Average

for nation

Number of Homes And Apartments:

1,738

Scottsville Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,438 / per month

Homeownership Rate

Owners
Renters
51.4%
51.4%
48.6%
48.6%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
16.9%
16.9%
83.1%
83.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
18.3%
18.3%
50.5%
50.5%
21.9%
21.9%
9.3%
9.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
71.1%
71.1%
0.9%
0.9%
11.7%
11.7%
10.5%
10.5%
5.9%
5.9%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.7%
0.7%
6.1%
6.1%
35.9%
35.9%
39.0%
39.0%
15.1%
15.1%
3.4%
3.4%
0% 100.0%
% of Homes