Shepherdsville, KY


Highest Appreciating Shepherdsville Neighborhoods Since 2000

Shepherdsville, 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

Shepherdsville Housing Market Information

With 11,967 people, 4,118 houses or apartments, and a median cost of homes of $143,326, 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 5.84%, which ranks in the top 40% nationwide. This equates to an annual average Shepherdsville house appreciation rate of 0.57%.

Appreciation rates are so strong in Shepherdsville that despite a nationwide downturn in the housing market, Shepherdsville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Shepherdsville appreciation rates continue to be some of the highest in America, at 5.96%, which is higher than appreciation rates in 73.69% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Shepherdsville. Shepherdsville appreciation rates in the latest quarter were at 1.69%, which equates to an annual appreciation rate of 6.95%.

Importantly, this makes Shepherdsville one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Kentucky, our data show that Shepherdsville'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 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:

Shepherdsville, KY HOME PRICES

Value Range
> $1,124,000 0.0
$843,001 - $1,124,000 0.9
$562,001 - $843,000 0.4
$450,001 - $562,000 0.8
$337,001 - $450,000 2.9
$225,001 - $337,000 12.0
$112,001 - $225,000 52.7
$56,001 - $112,000 15.0
$0 - $56,000 15.2

High for KY
Average for Nation

Value Relative to Nation Value Relative to State
53.1173092698934 24.812030075188

Number Of Homes And Apartments:

Shepherdsville Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
25.55% 1.33% 3 3
* 10 is highest

Rent & Ownership


Average Market Rent:
$934 / per month

Homeownership Rate

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