Cities with the fastest growing home prices in Elizabethtown metro area
Published 9:06 pm Thursday, September 29, 2022
4 PM production // Shutterstock
Cities with the fastest growing home prices in Elizabethtown metro area
It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate.
The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.
Stacker compiled a list of cities with the fastest-growing home prices in Elizabethtown-Fort Knox, KY metro area using data from Zillow. Cities are ranked by 1-year price change as of August 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 21 cities and towns with data available were included in the list.
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Stacker
#21. Magnolia, Kentucky
– 1-year price change: +$17,809 (+14.3%)
– 5-year price change: +$46,960 (+49.4%)
– Typical home value: $142,084 (#20 most expensive city in metro)
Stacker
#20. Buffalo, Kentucky
– 1-year price change: +$18,800 (+14.0%)
– 5-year price change: +$49,310 (+47.6%)
– Typical home value: $152,991 (#16 most expensive city in metro)
Stacker
#19. Payneville, Kentucky
– 1-year price change: +$19,420 (+14.7%)
– 5-year price change: +$55,839 (+58.3%)
– Typical home value: $151,679 (#17 most expensive city in metro)
Stacker
#18. Hodgenville, Kentucky
– 1-year price change: +$20,100 (+13.9%)
– 5-year price change: +$49,818 (+43.5%)
– Typical home value: $164,403 (#15 most expensive city in metro)
Stacker
#17. Upton, Kentucky
– 1-year price change: +$20,517 (+16.3%)
– 5-year price change: +$50,192 (+52.0%)
– Typical home value: $146,699 (#18 most expensive city in metro)
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Stacker
#16. Webster, Kentucky
– 1-year price change: +$21,107 (+14.3%)
– 5-year price change: +$64,982 (+62.6%)
– Typical home value: $168,825 (#13 most expensive city in metro)
Stacker
#15. New Hope, Kentucky
– 1-year price change: +$21,218 (+14.6%)
– 5-year price change: +$69,404 (+71.2%)
– Typical home value: $166,909 (#14 most expensive city in metro)
Stacker
#14. Guston, Kentucky
– 1-year price change: +$21,714 (+14.7%)
– 5-year price change: +$51,921 (+44.1%)
– Typical home value: $169,723 (#12 most expensive city in metro)
Stacker
#13. Big Clifty, Kentucky
– 1-year price change: +$22,139 (+17.9%)
– 5-year price change: +$52,771 (+56.7%)
– Typical home value: $145,915 (#19 most expensive city in metro)
Stacker
#12. Radcliff, Kentucky
– 1-year price change: +$22,321 (+13.1%)
– 5-year price change: +$67,624 (+54.2%)
– Typical home value: $192,281 (#9 most expensive city in metro)
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Stacker
#11. Battletown, Kentucky
– 1-year price change: +$24,239 (+15.5%)
– 5-year price change: +$67,624 (data not available)
– Typical home value: $180,938 (#11 most expensive city in metro)
Stacker
#10. Ekron, Kentucky
– 1-year price change: +$24,552 (+13.0%)
– 5-year price change: +$58,165 (+37.4%)
– Typical home value: $213,879 (#7 most expensive city in metro)
Stacker
#9. Sonora, Kentucky
– 1-year price change: +$26,994 (+16.3%)
– 5-year price change: +$70,361 (+57.4%)
– Typical home value: $193,048 (#8 most expensive city in metro)
Stacker
#8. Vine Grove, Kentucky
– 1-year price change: +$27,956 (+13.5%)
– 5-year price change: +$80,086 (+51.9%)
– Typical home value: $234,331 (#5 most expensive city in metro)
Stacker
#7. Brandenburg, Kentucky
– 1-year price change: +$28,944 (+13.4%)
– 5-year price change: +$61,897 (+33.8%)
– Typical home value: $245,264 (#3 most expensive city in metro)
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Stacker
#6. Elizabethtown, Kentucky
– 1-year price change: +$29,672 (+13.9%)
– 5-year price change: +$85,904 (+54.7%)
– Typical home value: $243,021 (#4 most expensive city in metro)
Stacker
#5. West Point, Kentucky
– 1-year price change: +$32,151 (+32.5%)
– 5-year price change: +$44,623 (+51.7%)
– Typical home value: $130,988 (#21 most expensive city in metro)
Stacker
#4. Rineyville, Kentucky
– 1-year price change: +$32,307 (+12.3%)
– 5-year price change: +$109,158 (+58.6%)
– Typical home value: $295,458 (#1 most expensive city in metro)
Stacker
#3. Cecilia, Kentucky
– 1-year price change: +$33,879 (+18.5%)
– 5-year price change: +$82,555 (+61.5%)
– Typical home value: $216,789 (#6 most expensive city in metro)
Stacker
#2. Eastview, Kentucky
– 1-year price change: +$35,164 (+22.6%)
– 5-year price change: +$71,008 (+59.4%)
– Typical home value: $190,463 (#10 most expensive city in metro)
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Stacker
#1. Glendale, Kentucky
– 1-year price change: +$44,456 (+19.5%)
– 5-year price change: +$104,920 (+62.5%)
– Typical home value: $272,867 (#2 most expensive city in metro)