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 7,840 people, 3,282 houses or apartments, and a median cost of homes of $194,956, house prices in Kenton are solidly below the national average.
Single-family detached homes are the single most common housing type in Kenton, accounting for 67.20% of the city's housing units. Other types of housing that are prevalent in Kenton include large apartment complexes or high rise apartments ( 12.82%), mobile homes or trailers ( 10.64%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.70%).
The most prevalent building size and type in Kenton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 64.67% owning and 35.33% renting.
The housing in Kenton was primarily built before 1939 ( 33.73%), making the housing stock in Kenton some of the oldest overall in America, although there is a range of ages of homes in Kenton. The next most important housing age is between 1970-1999 ( 30.59%), followed by between 1940-1969 ( 23.03%). There's also some housing in Kenton built between 2000 and later ( 12.65%).
Appreciation rates for homes in Kenton have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 95.31%, which ranks in the top 50% nationwide. This equates to an annual average Kenton house appreciation rate of 6.92%.
Over the last year, Kenton appreciation rates have trailed the rest of the nation. In the last twelve months, Kenton's appreciation rate has been 0.38%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Kenton were at -0.17%, which equates to an annual appreciation rate of -0.69%.
Notably, Kenton's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Ohio, our data show that Kenton's latest annual appreciation rate is lower than 90% of the other cities and towns in Ohio.
$194,956
for Ohio
for nation
3,282
$917 / per month