Cities with the most expensive homes in Kentucky
Published 8:58 pm Tuesday, August 29, 2023
Cities with the most expensive homes in Kentucky
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.
High mortgage rates are also making monthly payments more expensive; as of Aug. 24, the 30-year fixed mortgage rate sits at 7.23%.
Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in Kentucky using data from Zillow. Cities are ranked by the Zillow Home Values Index for all homes as of July 2023. The charts in this story were created automatically using Matplotlib.
Metros with the most cities in the top 30 in Kentucky
#1. Louisville/Jefferson County, KY-IN: 15
#2. Cincinnati, OH-KY-IN: 12
#3. Lexington-Fayette, KY: 2
#4. Bowling Green, KY: 1
Read on to see which cities made the list.
Stacker
#30. Midway
– Typical home value: $292,946
– 1-year price change: +3.5%
– 5-year price change: +50.1%
– Metro area: Lexington-Fayette, KY
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#29. Versailles
– Typical home value: $302,801
– 1-year price change: +5.8%
– 5-year price change: +46.1%
– Metro area: Lexington-Fayette, KY
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#28. Fort Wright
– Typical home value: $303,162
– 1-year price change: +2.1%
– 5-year price change: +41.3%
– Metro area: Cincinnati, OH-KY-IN
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#27. Hebron Estates
– Typical home value: $304,250
– 1-year price change: +0.9%
– 5-year price change: +28.8%
– Metro area: Louisville/Jefferson County, KY-IN
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#26. Walton
– Typical home value: $309,464
– 1-year price change: +2.2%
– 5-year price change: +51.4%
– Metro area: Cincinnati, OH-KY-IN
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#25. Fort Thomas
– Typical home value: $311,508
– 1-year price change: +5.5%
– 5-year price change: +41.4%
– Metro area: Cincinnati, OH-KY-IN
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#24. Crescent Springs
– Typical home value: $311,515
– 1-year price change: +4.2%
– 5-year price change: +47.1%
– Metro area: Cincinnati, OH-KY-IN
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#23. Pendleton
– Typical home value: $313,005
– 1-year price change: -1.8%
– 5-year price change: +52.9%
– Metro area: Louisville/Jefferson County, KY-IN
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#22. Park Hills
– Typical home value: $313,336
– 1-year price change: +2.9%
– 5-year price change: +48.4%
– Metro area: Cincinnati, OH-KY-IN
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#21. Lakeside Park
– Typical home value: $321,527
– 1-year price change: +2.7%
– 5-year price change: +36.4%
– Metro area: Cincinnati, OH-KY-IN
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#20. Crestview Hills
– Typical home value: $321,738
– 1-year price change: +2.4%
– 5-year price change: +44.0%
– Metro area: Cincinnati, OH-KY-IN
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#19. Pewee Valley
– Typical home value: $326,287
– 1-year price change: +4.1%
– 5-year price change: +40.0%
– Metro area: Louisville/Jefferson County, KY-IN
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#18. Hebron
– Typical home value: $331,711
– 1-year price change: +0.3%
– 5-year price change: +43.9%
– Metro area: Cincinnati, OH-KY-IN
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#17. Smithfield
– Typical home value: $338,522
– 1-year price change: +0.6%
– 5-year price change: +58.4%
– Metro area: Louisville/Jefferson County, KY-IN
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#16. Taylorsville
– Typical home value: $339,458
– 1-year price change: +0.7%
– 5-year price change: +42.9%
– Metro area: Louisville/Jefferson County, KY-IN
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#15. Edgewood
– Typical home value: $339,552
– 1-year price change: +1.7%
– 5-year price change: +37.5%
– Metro area: Cincinnati, OH-KY-IN
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#14. Villa Hills
– Typical home value: $343,005
– 1-year price change: +1.0%
– 5-year price change: +36.9%
– Metro area: Cincinnati, OH-KY-IN
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#13. Fox Chase
– Typical home value: $347,467
– 1-year price change: +0.9%
– 5-year price change: +31.3%
– Metro area: Louisville/Jefferson County, KY-IN
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#12. Simpsonville
– Typical home value: $359,445
– 1-year price change: +0.4%
– 5-year price change: +49.1%
– Metro area: Louisville/Jefferson County, KY-IN
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#11. La Grange
– Typical home value: $361,466
– 1-year price change: +3.2%
– 5-year price change: +41.9%
– Metro area: Louisville/Jefferson County, KY-IN
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#10. Alvaton
– Typical home value: $371,341
– 1-year price change: +3.9%
– 5-year price change: +59.9%
– Metro area: Bowling Green, KY
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#9. Fort Mitchell
– Typical home value: $371,783
– 1-year price change: +2.6%
– 5-year price change: +35.1%
– Metro area: Cincinnati, OH-KY-IN
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#8. Union
– Typical home value: $399,838
– 1-year price change: +0.4%
– 5-year price change: +40.4%
– Metro area: Cincinnati, OH-KY-IN
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#7. Wilsonville
– Typical home value: $407,879
– 1-year price change: +1.0%
– 5-year price change: +46.2%
– Metro area: Louisville/Jefferson County, KY-IN
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#6. Finchville
– Typical home value: $417,386
– 1-year price change: +1.5%
– 5-year price change: +53.9%
– Metro area: Louisville/Jefferson County, KY-IN
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#5. Buckner
– Typical home value: $418,104
– 1-year price change: +1.2%
– 5-year price change: +32.2%
– Metro area: Louisville/Jefferson County, KY-IN
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#4. River Bluff
– Typical home value: $426,622
– 1-year price change: +1.5%
– 5-year price change: +29.1%
– Metro area: Louisville/Jefferson County, KY-IN
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#3. Crestwood
– Typical home value: $428,503
– 1-year price change: +3.2%
– 5-year price change: +40.1%
– Metro area: Louisville/Jefferson County, KY-IN
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#2. Goshen
– Typical home value: $450,096
– 1-year price change: +2.6%
– 5-year price change: +35.7%
– Metro area: Louisville/Jefferson County, KY-IN
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#1. Prospect
– Typical home value: $569,568
– 1-year price change: +2.8%
– 5-year price change: +42.8%
– Metro area: Louisville/Jefferson County, KY-IN