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 656 people, 207 houses or apartments, and a median cost of homes of $272,344, Kuttawa real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Kuttawa, accounting for 61.77% of the city's housing units. Other types of housing that are prevalent in Kuttawa include large apartment complexes or high rise apartments ( 22.03%), row houses and other attached homes ( 8.86%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.57%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Kuttawa. Owner-occupied housing accounts for 71.58% of Kuttawa's homes, and 63.04% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Kuttawa 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 Kuttawa built between 2000 and later ( 22.53%). A lesser amount of the housing stock also hails from between 1940-1969 ( 17.47%). There's also some housing in Kuttawa built before 1939 ( 4.56%).
A decent proportion of the Kuttawa housing stock is seasonally occupied. That is, homes and condos in Kuttawa are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Kuttawa housing market speaks to its popularity as a vacation location of choice.
Appreciation rates for homes in Kuttawa have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 107.60%, which ranks in the top 30% nationwide. This equates to an annual average Kuttawa house appreciation rate of 7.58%.
NeighborhoodScout's data show that during the latest twelve months, Kuttawa's appreciation rate, at 7.68%, has been at or slightly above the national average. In the latest quarter, Kuttawa's appreciation rate has been 1.84%, which annualizes to a rate of 7.57%.
Relative to Kentucky, our data show that Kuttawa's latest annual appreciation rate is higher than 70% of the other cities and towns in Kentucky.
$272,344
for Kentucky
for nation
207
$1,102 / per month