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 about Scout's Real Estate Data
With 11,820 people, 4,863 houses or apartments, and a median cost of homes of $256,728, house prices in Campbellsville are solidly below the national average.
Single-family detached homes are the single most common housing type in Campbellsville, accounting for 68.89% of the city's housing units. Other types of housing that are prevalent in Campbellsville include duplexes, homes converted to apartments or other small apartment buildings ( 16.33%), large apartment complexes or high rise apartments ( 6.96%), and a few mobile homes or trailers ( 5.99%).
The most prevalent building size and type in Campbellsville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 43.62% owning and 56.38% renting.
There is a lot of housing in Campbellsville 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 Campbellsville built between 1940-1969 ( 37.20%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.71%). There's also some housing in Campbellsville built before 1939 ( 5.89%).
In the last 10 years, Campbellsville has experienced some of the highest home appreciation rates of any community in the nation. Campbellsville real estate appreciated 114.94% over the last ten years, which is an average annual home appreciation rate of 7.95%, putting Campbellsville in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Campbellsville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Campbellsville's appreciation rate, at 4.62%, has been at or slightly above the national average. In the latest quarter, Campbellsville's appreciation rate has been 2.07%, which annualizes to a rate of 8.53%.
Importantly, this makes Campbellsville 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 Campbellsville's latest annual appreciation rate is higher than 50% 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 Campbellsville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Campbellsville - 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 Campbellsville real estate investment or home purchase decisions.
$256,728
for Kentucky
for nation
4,863
$1,084 / per month