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 170 people, 61 houses or apartments, and a median cost of homes of $201,225, house prices in Ekron are solidly below the national average.
Single-family detached homes are the single most common housing type in Ekron, accounting for 69.57% of the city's housing units. Other types of housing that are prevalent in Ekron include mobile homes or trailers ( 30.43%).
Dwellings in Ekron tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 53.62% of the homes in Ekron have two or fewer bedrooms.
Ekron homes and real estate are some of the newest in America. 30.43% of Ekron's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Ekron real estate market has to offer. Quite a bit of the housing here was also built between 1940-1969 ( 27.54%), and between 1970-1999 ( 23.19%). There's also some housing in Ekron built before 1939 ( 18.84%).
Vacant housing appears to be an issue in Ekron. Fully 11.59% of the housing stock is classified as vacant. Left unchecked, vacant Ekron homes and apartments can be a drag on the real estate market, holding Ekron real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Ekron's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Ekron during the period has been just 5.43%, which is lower than 70% of US communities.
Appreciation rates are so strong in Ekron that despite a nationwide downturn in the housing market, Ekron real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Ekron appreciation rates continue to be some of the highest in America, at 7.09%, which is higher than appreciation rates in 88.77% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Ekron. Ekron appreciation rates in the latest quarter were at 1.80%, which equates to an annual appreciation rate of 7.42%.
Relative to Kentucky, our data show that Ekron's latest annual appreciation rate is higher than 90% of the other cities and towns in Kentucky.
$201,225
for Kentucky
for nation
61
$1,323 / per month