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Cities with the fastest growing home prices in Owensboro metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no 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 Owensboro, KY metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 13 cities and towns with data available were included in the list.

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Stacker

#13. Island, Island

– 1-year price change: +$7,888 (+7.9%)
– 5-year price change: +$32,141 (+42.4%)
– Typical home value: $107,867 (#11 most expensive city in metro)

Stacker

#12. Livermore, Livermore

– 1-year price change: +$8,186 (+9.2%)
– 5-year price change: +$29,807 (+44.5%)
– Typical home value: $96,730 (#13 most expensive city in metro)

Stacker

#11. Sacramento, Sacramento

– 1-year price change: +$8,972 (+9.5%)
– 5-year price change: +$31,876 (+44.5%)
– Typical home value: $103,580 (#12 most expensive city in metro)

Stacker

#10. Rumsey, Rumsey

– 1-year price change: +$11,972 (+10.5%)
– 5-year price change: +$45,010 (+55.9%)
– Typical home value: $125,473 (#9 most expensive city in metro)

Stacker

#9. Fordsville, Fordsville

– 1-year price change: +$12,335 (+12.4%)
– 5-year price change: +$44,775 (+66.9%)
– Typical home value: $111,712 (#10 most expensive city in metro)

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#8. Calhoun, Calhoun

– 1-year price change: +$17,358 (+14.4%)
– 5-year price change: +$47,776 (+52.9%)
– Typical home value: $138,018 (#8 most expensive city in metro)

Stacker

#7. Lewisport, Lewisport

– 1-year price change: +$19,999 (+14.5%)
– 5-year price change: +$50,165 (+46.7%)
– Typical home value: $157,649 (#7 most expensive city in metro)

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#6. Maceo, Maceo

– 1-year price change: +$20,308 (+14.6%)
– 5-year price change: +$55,232 (+52.8%)
– Typical home value: $159,872 (#6 most expensive city in metro)

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#5. Hawesville, Hawesville

– 1-year price change: +$20,887 (+14.3%)
– 5-year price change: +$54,640 (+48.7%)
– Typical home value: $166,944 (#5 most expensive city in metro)

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#4. Whitesville, Whitesville

– 1-year price change: +$21,352 (+13.9%)
– 5-year price change: +$68,340 (+64.0%)
– Typical home value: $175,176 (#4 most expensive city in metro)

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#3. Owensboro, Owensboro

– 1-year price change: +$23,198 (+14.7%)
– 5-year price change: +$63,867 (+54.3%)
– Typical home value: $181,421 (#3 most expensive city in metro)

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#2. Utica, Utica

– 1-year price change: +$27,971 (+14.8%)
– 5-year price change: +$76,603 (+54.5%)
– Typical home value: $217,113 (#2 most expensive city in metro)

Stacker

#1. Philpot, Philpot

– 1-year price change: +$30,399 (+14.6%)
– 5-year price change: +$87,091 (+57.4%)
– Typical home value: $238,716 (#1 most expensive city in metro)