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 a population of 1,705, 909 total housing units (homes and apartments), and a median house value of $125,588, house prices in Edmonton 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 Edmonton, accounting for 61.19% of the city's housing units. Other types of housing that are prevalent in Edmonton include large apartment complexes or high rise apartments ( 14.73%), mobile homes or trailers ( 14.43%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.37%).
The most prevalent building size and type in Edmonton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 50.24% owning and 49.76% renting.
There is a lot of housing in Edmonton 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 Edmonton built between 1940-1969 ( 25.37%). A lesser amount of the housing stock also hails from between 2000 and later ( 7.06%). There's also some housing in Edmonton built before 1939 ( 3.38%).
Real estate appreciation rates in Edmonton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.28% during the period.
NeighborhoodScout's data show that during the latest twelve months, Edmonton's appreciation rate, at 4.62%, has been at or slightly above the national average. In the latest quarter, Edmonton's appreciation rate has been 2.07%, which annualizes to a rate of 8.53%.
Importantly, this makes Edmonton 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 Edmonton's latest annual appreciation rate is lower than 50% of the other cities and towns in Kentucky.
$125,588
for Kentucky
for nation
909
$885 / per month