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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Hebron, KY Real Estate Market

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 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Hebron, KY Housing Market Trends

With a population of 6,195, 1,934 total housing units (homes and apartments), and a median house value of $321,855, Hebron real estate is some of the most expensive in Kentucky, although Hebron home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Hebron, accounting for 91.02% of the town's housing units. Other types of housing that are prevalent in Hebron include row houses and other attached homes ( 5.61%), large apartment complexes or high rise apartments ( 2.38%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hebron. Owner-occupied housing accounts for 81.49% of Hebron's homes, and 90.65% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Hebron 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 Hebron built between 2000 and later ( 40.49%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.97%). There's also some housing in Hebron built before 1939 ( 1.36%).

Hebron Home Appreciation Rates

Appreciation rates for homes in Hebron have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 95.23%, which ranks in the top 50% nationwide. This equates to an annual average Hebron house appreciation rate of 6.92%.

Appreciation rates are so strong in Hebron that despite a nationwide downturn in the housing market, Hebron real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Hebron appreciation rates continue to be some of the highest in America, at 13.52%, which is higher than appreciation rates in 81.73% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Hebron. Hebron appreciation rates in the latest quarter were at 4.09%, which equates to an annual appreciation rate of 17.40%.

Relative to Kentucky, our data show that Hebron's latest annual appreciation rate is higher than 80% of the other cities and towns in Kentucky.

Average Home Values

Median Home Value

$321,855

Hebron Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,998 / per month

Homeownership Rate

Owners
Renters
81.5%
81.5%
18.5%
18.5%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
9.6%
9.6%
90.4%
90.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
40.5%
40.5%
41.2%
41.2%
17.0%
17.0%
1.4%
1.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
91.0%
91.0%
5.6%
5.6%
1.0%
1.0%
2.4%
2.4%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
0.0%
0.0%
6.3%
6.3%
71.2%
71.2%
19.4%
19.4%
3.1%
3.1%
0% 100.0%
% of Homes