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 2,944 people, 1,060 houses or apartments, and a median cost of homes of $279,914, Brandenburg real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Brandenburg, accounting for 53.44% of the city's housing units. Other types of housing that are prevalent in Brandenburg include duplexes, homes converted to apartments or other small apartment buildings ( 26.94%), large apartment complexes or high rise apartments ( 15.92%), and a few mobile homes or trailers ( 3.27%).
People in Brandenburg primarily live in small (one, two or no bedroom) single-family detached homes. Brandenburg has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Brandenburg 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 Brandenburg built between 2000 and later ( 29.43%). A lesser amount of the housing stock also hails from between 1940-1969 ( 26.94%). There's also some housing in Brandenburg built before 1939 ( 8.43%).
Real estate appreciation rates in Brandenburg's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.37% during the period.
Appreciation rates are so strong in Brandenburg that despite a nationwide downturn in the housing market, Brandenburg real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Brandenburg appreciation rates continue to be some of the highest in America, at 7.66%, which is higher than appreciation rates in 92.01% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Brandenburg. Brandenburg appreciation rates in the latest quarter were at 1.81%, which equates to an annual appreciation rate of 7.42%.
Relative to Kentucky, our data show that Brandenburg's latest annual appreciation rate is higher than 90% of the other cities and towns in Kentucky.
$279,914
for Kentucky
for nation
1,060
$1,075 / per month