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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 8,211, 3,248 total housing units (homes and apartments), and a median house value of $92,071, house prices in Kenton are some of the most affordable in Ohio as well as the nation.
Single-family detached homes are the single most common housing type in Kenton, accounting for 69.19% of the city's housing units. Other types of housing that are prevalent in Kenton include large apartment complexes or high rise apartments ( 16.14%), duplexes, homes converted to apartments or other small apartment buildings ( 8.55%), and a few mobile homes or trailers ( 3.76%).
The most prevalent building size and type in Kenton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.79% owning and 45.21% renting.
The housing in Kenton was primarily built before 1939 ( 32.66%), making the housing stock in Kenton some of the oldest overall in America, although there is a range of ages of homes in Kenton. The next most important housing age is between 1970-1999 ( 31.74%), followed by between 1940-1969 ( 26.81%). There's also some housing in Kenton built between 2000 and later ( 8.79%).
Vacant housing appears to be an issue in Kenton. Fully 11.59% of the housing stock is classified as vacant. Left unchecked, vacant Kenton homes and apartments can be a drag on the real estate market, holding Kenton 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.
Real estate appreciation rates in Kenton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.07% during the period.
NeighborhoodScout's data show that during the latest twelve months, Kenton's appreciation rate, at 5.27%, has been at or slightly above the national average. In the latest quarter, Kenton's appreciation rate has been -0.60%, which annualizes to a rate of -2.39%.
Notably, Kenton's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Ohio, our data show that Kenton's latest annual appreciation rate is higher than 80% of the other cities and towns in Ohio.
|$805,001 - $1,074,000||0.0|
|$537,001 - $805,000||0.0|
|$430,001 - $537,000||0.0|
|$322,001 - $430,000||0.0|
|$215,001 - $322,000||1.0|
|$107,001 - $215,000||20.9|
|$54,001 - $107,000||60.5|
|$0 - $54,000||17.5|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Kenton HOMES|
|2000 or Newer||8.8|
|1970 - 1999||31.7|
|1940 - 1969||26.8|
|1939 or Older||32.7|
|TYPE OF Kenton HOMES|
|Small Apt. Buildings||8.5|
|SIZE OF Kenton HOMES|
|5 or more bedrooms||0.00|