Shepherdsville, KY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Shepherdsville, KY Real Estate Data


Shepherdsville Housing Market Information

With 11,967 people, 4,118 houses or apartments, and a median cost of homes of $141,067, Shepherdsville 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 Shepherdsville, accounting for 66.00% of the city's housing units. Other types of housing that are prevalent in Shepherdsville include large apartment complexes or high rise apartments ( 14.96%), duplexes, homes converted to apartments or other small apartment buildings ( 9.27%), and a few row houses and other attached homes ( 4.90%).

The most prevalent building size and type in Shepherdsville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 60.05% owning and 39.95% renting.

Shepherdsville homes and real estate are some of the newest in America. 44.07% of Shepherdsville's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Shepherdsville real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 43.30%), and between 1940-1969 ( 9.25%). There's also some housing in Shepherdsville built before 1939 ( 3.38%).

Shepherdsville Home Appreciation Rates

Appreciation rates for homes in Shepherdsville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 4.97%, which ranks in the top 50% nationwide. This equates to an annual average Shepherdsville house appreciation rate of 0.49%.

NeighborhoodScout's data show that during the latest twelve months, Shepherdsville's appreciation rate, at 4.61%, has been at or slightly above the national average. In the latest quarter, Shepherdsville's appreciation rate has been 0.26%, which annualizes to a rate of 1.03%.

Relative to Kentucky, our data show that Shepherdsville's latest annual appreciation rate is higher than 60% 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 Shepherdsville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Shepherdsville - 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 Shepherdsville real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$141,067

Shepherdsville, KY HOME PRICES

Value Range
> $1,105,000 0.0
$829,001 - $1,105,000 0.9
$553,001 - $829,000 0.4
$442,001 - $553,000 0.8
$331,001 - $442,000 2.9
$221,001 - $331,000 12.0
$111,001 - $221,000 52.7
$55,001 - $111,000 15.0
$0 - $55,000 15.2

High for KY
Average for Nation

Value Relative to Nation Value Relative to State
54.0665651001992 25.8145363408521

Number Of Homes And Apartments:
4,118

Rent & Ownership

 

Average Market Rent:
$881 / per month

Homeownership Rate

Homeownership
Owners 60.05
Renters 39.95
Vacant 7.08

Housing Market Details

 

Age of Homes

AGE OF Shepherdsville HOMES
2000 or Newer 44.1
1970 - 1999 43.3
1940 - 1969 9.3
1939 or Older 3.4

Types of Homes

TYPE OF Shepherdsville HOMES
Single-Family 66.0
Townhomes 4.9
Small Apt. Buildings 9.3
Apt. Complexes 15.0
Mobile Homes 4.9
Other 0.0

Home Size

SIZE OF Shepherdsville HOMES
No Bedroom 0.07
1 Bedroom 3.88
2 Bedrooms 32.81
3 Bedrooms 53.81
4 Bedrooms 8.73
5 or more bedrooms 0.70

Shepherdsville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
KY*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
23.36% 1.22% 3 2
* 10 is highest