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 7,742 people, 2,288 houses or apartments, and a median cost of homes of $167,868, the cost of homes in Fort Knox is among some of the lowest in the nation. Compared to Kentucky, however, Fort Knox real state is not on the lower end of the price spectrum.
Row houses and other attached homes are the single most common housing type in Fort Knox, accounting for 45.96% of the town's housing units. Other types of housing that are prevalent in Fort Knox include single-family detached homes ( 21.90%), large apartment complexes or high rise apartments ( 17.72%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 14.18%). This particular housing mix is relatively uncommon and characteristic of towns that are compact and walkable, and which often have a lively downtown.
Renters dominate Fort Knox's housing market, and most live in three of four bedroom dwellings, chiefly found in row houses and other attached homes.
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. Fort Knox's housing was primarily built during this period, from the '40s through the '60s. A full 36.75% of the town's housing hails from this era. Other housing ages represented in Fort Knox include homes built between 2000 and later ( 30.80%) and housing constructed between 1970-1999 ( 26.39%). There's also some housing in Fort Knox built before 1939 ( 6.07%).
Real estate appreciation rates in Fort Knox's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.99% during the period.
Over the last year, Fort Knox appreciation rates have trailed the rest of the nation. In the last twelve months, Fort Knox's appreciation rate has been 1.35%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fort Knox were at -0.58%, which equates to an annual appreciation rate of -2.28%.
Notably, Fort Knox's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Kentucky, our data show that Fort Knox's latest annual appreciation rate is lower than 90% of the other cities and towns in Kentucky.
$167,868
$1,919 / per month