Cities with the most expensive homes in Kentucky
Published 3:07 pm Friday, January 26, 2024
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.
The typical home value in the United States was $344,000 in December, 3.6% lower than the year before, but in line with seasonal trends.
High mortgage rates are also making monthly payments more expensive; as of Jan. 25, the 30-year fixed mortgage rate sits at 6.69%.
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 December 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
Stacker
#30. Midway
– Typical home value: $289,847
– 1-year price change: +7.6%
– 5-year price change: +48.6%
– Metro area: Lexington-Fayette, KY
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#29. Hebron Estates
– Typical home value: $291,737
– 1-year price change: +1.8%
– 5-year price change: +43.9%
– Metro area: Louisville/Jefferson County, KY-IN
Stacker
#28. Pendleton
– Typical home value: $298,375
– 1-year price change: +2.6%
– 5-year price change: +53.8%
– Metro area: Louisville/Jefferson County, KY-IN
Stacker
#27. Fort Wright
– Typical home value: $299,045
– 1-year price change: +3.0%
– 5-year price change: +37.7%
– Metro area: Cincinnati, OH-KY-IN
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#26. Walton
– Typical home value: $301,148
– 1-year price change: +2.3%
– 5-year price change: +49.4%
– Metro area: Cincinnati, OH-KY-IN
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#25. Versailles
– Typical home value: $301,857
– 1-year price change: +6.1%
– 5-year price change: +46.4%
– Metro area: Lexington-Fayette, KY
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#24. Park Hills
– Typical home value: $308,703
– 1-year price change: +2.5%
– 5-year price change: +41.9%
– Metro area: Cincinnati, OH-KY-IN
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#23. Crescent Springs
– Typical home value: $312,362
– 1-year price change: +4.0%
– 5-year price change: +43.5%
– Metro area: Cincinnati, OH-KY-IN
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#22. Fort Thomas
– Typical home value: $314,327
– 1-year price change: +2.1%
– 5-year price change: +29.1%
– Metro area: Cincinnati, OH-KY-IN
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#21. Pewee Valley
– Typical home value: $315,239
– 1-year price change: +2.4%
– 5-year price change: +37.9%
– Metro area: Louisville/Jefferson County, KY-IN
Stacker
#20. Crestview Hills
– Typical home value: $316,535
– 1-year price change: +3.2%
– 5-year price change: +39.9%
– Metro area: Cincinnati, OH-KY-IN
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#19. Lakeside Park
– Typical home value: $316,609
– 1-year price change: +3.6%
– 5-year price change: +37.6%
– Metro area: Cincinnati, OH-KY-IN
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#18. Hebron
– Typical home value: $324,523
– 1-year price change: +0.9%
– 5-year price change: +43.8%
– Metro area: Cincinnati, OH-KY-IN
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#17. Smithfield
– Typical home value: $325,815
– 1-year price change: +3.4%
– 5-year price change: +56.2%
– Metro area: Louisville/Jefferson County, KY-IN
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#16. Edgewood
– Typical home value: $329,750
– 1-year price change: +4.3%
– 5-year price change: +42.2%
– Metro area: Cincinnati, OH-KY-IN
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#15. Taylorsville
– Typical home value: $332,549
– 1-year price change: +3.7%
– 5-year price change: +47.5%
– Metro area: Louisville/Jefferson County, KY-IN
Stacker
#14. Fox Chase
– Typical home value: $332,767
– 1-year price change: +3.5%
– 5-year price change: +51.9%
– Metro area: Louisville/Jefferson County, KY-IN
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#13. Villa Hills
– Typical home value: $339,931
– 1-year price change: +3.3%
– 5-year price change: +39.3%
– Metro area: Cincinnati, OH-KY-IN
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#12. La Grange
– Typical home value: $348,999
– 1-year price change: +2.1%
– 5-year price change: +40.1%
– Metro area: Louisville/Jefferson County, KY-IN
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#11. Fort Mitchell
– Typical home value: $363,876
– 1-year price change: +3.5%
– 5-year price change: +33.4%
– Metro area: Cincinnati, OH-KY-IN
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#10. Simpsonville
– Typical home value: $364,101
– 1-year price change: -0.4%
– 5-year price change: +39.3%
– Metro area: Louisville/Jefferson County, KY-IN
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#9. Alvaton
– Typical home value: $370,882
– 1-year price change: +2.2%
– 5-year price change: +52.1%
– Metro area: Bowling Green, KY
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#8. Union
– Typical home value: $395,530
– 1-year price change: -0.5%
– 5-year price change: +35.3%
– Metro area: Cincinnati, OH-KY-IN
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#7. Wilsonville
– Typical home value: $404,294
– 1-year price change: +2.8%
– 5-year price change: +46.9%
– Metro area: Louisville/Jefferson County, KY-IN
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#6. Buckner
– Typical home value: $406,683
– 1-year price change: +2.3%
– 5-year price change: +40.8%
– Metro area: Louisville/Jefferson County, KY-IN
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#5. River Bluff
– Typical home value: $411,908
– 1-year price change: +0.9%
– 5-year price change: +41.2%
– Metro area: Louisville/Jefferson County, KY-IN
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#4. Finchville
– Typical home value: $415,253
– 1-year price change: -1.8%
– 5-year price change: +36.8%
– Metro area: Louisville/Jefferson County, KY-IN
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#3. Crestwood
– Typical home value: $418,790
– 1-year price change: +1.9%
– 5-year price change: +41.2%
– Metro area: Louisville/Jefferson County, KY-IN
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#2. Goshen
– Typical home value: $435,219
– 1-year price change: +2.5%
– 5-year price change: +41.9%
– Metro area: Louisville/Jefferson County, KY-IN
Stacker
#1. Prospect
– Typical home value: $573,092
– 1-year price change: +3.1%
– 5-year price change: +40.1%
– Metro area: Louisville/Jefferson County, KY-IN
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 50 states.