Analytics built by:
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: Ä¢¹½ÊÓÆµ uses over 600 characteristics to build a neighborhood profile…
With a population of 7,840, 3,282 total housing units (homes and apartments), and a median house value 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 Ä¢¹½ÊÓÆµ 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, Ä¢¹½ÊÓÆµ'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