Shively, KY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Shively Neighborhoods Since 2000




Shively, 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

Shively Housing Market Information

With a population of 15,713, 6,498 total housing units (homes and apartments), and a median house value of $116,379, house prices in Shively are solidly below the national average.

Single-family detached homes are the single most common housing type in Shively, accounting for 68.19% of the city's housing units. Other types of housing that are prevalent in Shively include large apartment complexes or high rise apartments ( 20.25%), duplexes, homes converted to apartments or other small apartment buildings ( 6.63%), and a few row houses and other attached homes ( 2.63%).

The most prevalent building size and type in Shively are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 57.86% owning and 42.14% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Shively's housing was primarily built during this period, from the '40s through the '60s. A full 71.62% of the city's housing hails from this era. Other housing ages represented in Shively include homes built between 1970-1999 ( 20.77%) and housing constructed before 1939 ( 4.19%). There's also some housing in Shively built between 2000 and later ( 3.42%).

Shively Home Appreciation Rates

Real estate appreciation rates in Shively's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.44% during the period.

NeighborhoodScout's data show that during the latest twelve months, Shively's appreciation rate, at 4.76%, has been at or slightly above the national average. In the latest quarter, Shively's appreciation rate has been 1.69%, which annualizes to a rate of 6.95%.

Importantly, this makes Shively 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 Shively's latest annual appreciation rate is higher than 60% of the other cities and towns in Kentucky.

Average Home Values

 

Median Home Value:
$116,379

Shively, KY HOME PRICES

Value Range
> $1,105,000 0.3
$829,001 - $1,105,000 0.0
$553,001 - $829,000 0.1
$442,001 - $553,000 0.0
$331,001 - $442,000 0.0
$221,001 - $331,000 1.8
$110,001 - $221,000 47.0
$55,001 - $110,000 46.1
$0 - $55,000 4.7

Average for KY
Low for Nation

Value Relative to Nation Value Relative to State
67.4879878120239 43.3583959899749

Number Of Homes And Apartments:
6,498

Shively 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
12.89% 0.71% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$718 / per month

Homeownership Rate

Homeownership
Owners 57.86
Renters 42.14
Vacant 6.73

Housing Market Details

 

Age of Homes

AGE OF Shively HOMES
2000 or Newer 3.4
1970 - 1999 20.8
1940 - 1969 71.6
1939 or Older 4.2

Types of Homes

TYPE OF Shively HOMES
Single-Family 68.2
Townhomes 2.6
Small Apt. Buildings 6.6
Apt. Complexes 20.3
Mobile Homes 2.3
Other 0.0

Home Size

SIZE OF Shively HOMES
No Bedroom 0.79
1 Bedroom 11.35
2 Bedrooms 35.96
3 Bedrooms 37.25
4 Bedrooms 13.32
5 or more bedrooms 1.33