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 a population of 1,706, 892 total housing units (homes and apartments), and a median house value of $113,034, house prices in Edmonton are some of the most affordable in Kentucky as well as the nation.
Single-family detached homes are the single most common housing type in Edmonton, accounting for 59.12% of the city's housing units. Other types of housing that are prevalent in Edmonton include large apartment complexes or high rise apartments ( 13.76%), mobile homes or trailers ( 12.95%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 10.40%).
The most prevalent building size and type in Edmonton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 47.12% owning and 52.88% renting.
There is a lot of housing in Edmonton 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 Edmonton built between 1940-1969 ( 21.30%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.40%). There's also some housing in Edmonton built before 1939 ( 4.18%).
Edmonton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Edmonton during the period has been just 5.61%, which is lower than 70% of US communities.
Over the last year, Edmonton appreciation rates have trailed the rest of the nation. In the last twelve months, Edmonton's appreciation rate has been 0.76%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Edmonton were at 1.38%, which equates to an annual appreciation rate of 5.65%.
Relative to Kentucky, our data show that Edmonton's latest annual appreciation rate is lower than 70% of the other cities and towns in Kentucky.
$113,034
for Kentucky
for nation
892
$869 / per month