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 12,825, 2,525 total housing units (homes and apartments), and a median house value of $142,605, house prices in Fort Campbell are solidly below the national average.
Duplexes, homes converted to apartments or other small apartment buildings are the single most common housing type in Fort Campbell, accounting for 45.55% of the town's housing units. Other types of housing that are prevalent in Fort Campbell include row houses and other attached homes ( 35.41%), large apartment complexes or high rise apartments ( 13.95%), and a few single-family detached homes ( 5.09%). Towns with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact towns that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.
Renters dominate Fort Campbell's housing market, and most live in three of four bedroom dwellings.
There is a lot of housing in Fort Campbell 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 Fort Campbell built between 2000 and later ( 29.96%). A lesser amount of the housing stock also hails from between 1940-1969 ( 9.68%). There's also some housing in Fort Campbell built before 1939 ( 2.21%).
Vacant housing appears to be an issue in Fort Campbell. Fully 10.14% of the housing stock is classified as vacant. Left unchecked, vacant Fort Campbell homes and apartments can be a drag on the real estate market, holding Fort Campbell real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Appreciation rates for homes in Fort Campbell have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 97.19%, which ranks in the top 40% nationwide. This equates to an annual average Fort Campbell house appreciation rate of 7.03%.
Over the last year, Fort Campbell appreciation rates have trailed the rest of the nation. In the last twelve months, Fort Campbell's appreciation rate has been 4.36%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fort Campbell were at 3.64%, which equates to an annual appreciation rate of 15.38%.
Importantly, this makes Fort Campbell one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Kentucky, our data show that Fort Campbell's latest annual appreciation rate is lower than 90% of the other cities and towns in Kentucky.
$142,605
$2,415 / per month