Whitesburg, KY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Whitesburg Neighborhoods Since 2000




Whitesburg, 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

Whitesburg Housing Market Information

With 2,006 people, 829 houses or apartments, and a median cost of homes of $65,755, house prices in Whitesburg are some of the most affordable in Kentucky as well as the nation.

Single-family detached homes are the single most common housing type in Whitesburg, accounting for 62.30% of the city's housing units. Other types of housing that are prevalent in Whitesburg include large apartment complexes or high rise apartments ( 14.45%), mobile homes or trailers ( 13.21%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.48%).

People in Whitesburg primarily live in small (one, two or no bedroom) single-family detached homes. Whitesburg has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Whitesburg 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 Whitesburg built between 1940-1969 ( 41.31%). A lesser amount of the housing stock also hails from before 1939 ( 7.79%). There's also some housing in Whitesburg built between 2000 and later ( 6.88%).

Whitesburg Home Appreciation Rates

Appreciation rates for homes in Whitesburg have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 6.86%, which ranks in the top 40% nationwide. This equates to an annual average Whitesburg house appreciation rate of 0.67%.

Over the last year, Whitesburg appreciation rates have trailed the rest of the nation. In the last twelve months, Whitesburg's appreciation rate has been 2.71%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Whitesburg were at 0.56%, which equates to an annual appreciation rate of 2.24%.

Relative to Kentucky, our data show that Whitesburg's latest annual appreciation rate is lower than 60% of the other cities and towns in Kentucky.

Average Home Values

 

Median Home Value:
$65,755

Whitesburg, KY HOME PRICES

Value Range
> $1,051,000 0.0
$788,001 - $1,051,000 0.0
$526,001 - $788,000 0.6
$420,001 - $526,000 0.0
$316,001 - $420,000 0.2
$210,001 - $316,000 10.0
$105,001 - $210,000 13.6
$53,001 - $105,000 36.8
$0 - $53,000 38.8

Very Low for KY
Very Low for Nation

Value Relative to Nation Value Relative to State
96.5779913277862 88.7218045112782

Number Of Homes And Apartments:
829

Whitesburg 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
29.07% 1.49% 4 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$738 / per month

Homeownership Rate

Homeownership
Owners 46.49
Renters 53.51
Vacant 6.43

Housing Market Details

 

Age of Homes

AGE OF Whitesburg HOMES
2000 or Newer 6.9
1970 - 1999 44.0
1940 - 1969 41.3
1939 or Older 7.8

Types of Homes

TYPE OF Whitesburg HOMES
Single-Family 62.3
Townhomes 0.6
Small Apt. Buildings 9.5
Apt. Complexes 14.4
Mobile Homes 13.2
Other 0.0

Home Size

SIZE OF Whitesburg HOMES
No Bedroom 0.45
1 Bedroom 12.30
2 Bedrooms 41.87
3 Bedrooms 31.38
4 Bedrooms 11.96
5 or more bedrooms 2.03