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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Pineville, KY Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Pineville, KY Housing Market Trends

With a population of 1,630, 688 total housing units (homes and apartments), and a median house value of $105,836, house prices in Pineville are some of the most affordable in Kentucky as well as the nation.

Single-family detached homes are the single most common housing type in Pineville, accounting for 53.69% of the city's housing units. Other types of housing that are prevalent in Pineville include large apartment complexes or high rise apartments ( 22.13%), duplexes, homes converted to apartments or other small apartment buildings ( 17.90%), and a few mobile homes or trailers ( 6.29%).

People in Pineville primarily live in small (one, two or no bedroom) single-family detached homes. Pineville has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Pineville 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 Pineville built between 1940-1969 ( 25.88%). A lesser amount of the housing stock also hails from before 1939 ( 20.68%).

Vacant housing appears to be an issue in Pineville. Fully 16.81% of the housing stock is classified as vacant. Left unchecked, vacant Pineville homes and apartments can be a drag on the real estate market, holding Pineville 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.

Pineville Home Appreciation Rates

Pineville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Pineville during the period has been just 5.00%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Pineville's appreciation rate, at 6.81%, has been at or slightly above the national average. In the latest quarter, Pineville's appreciation rate has been 1.84%, which annualizes to a rate of 7.57%.

Relative to Kentucky, our data show that Pineville's latest annual appreciation rate is lower than 60% of the other cities and towns in Kentucky.

Average Home Values

Median Home Value

$105,836

Pineville, KY Home Prices
> $1,395,000
$1,046,001 - $1,395,000
$697,001 - $1,046,000
$558,001 - $697,000
$419,001 - $558,000
$279,001 - $419,000
$140,001 - $279,000
$70,001 - $140,000
$0 - $70,000
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.9%
0.9%
0.1%
0.1%
12.9%
12.9%
17.6%
17.6%
36.3%
36.3%
32.2%
32.2%
0% 100.0%
% of Homes
Very Low

for Kentucky

Very Low

for nation

Number of Homes And Apartments:

688

Pineville Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,052 / per month

Homeownership Rate

Owners
Renters
37.9%
37.9%
62.1%
62.1%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
16.8%
16.8%
83.2%
83.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
0.6%
0.6%
52.8%
52.8%
25.9%
25.9%
20.7%
20.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
53.7%
53.7%
0.0%
0.0%
17.9%
17.9%
22.1%
22.1%
6.3%
6.3%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
13.2%
13.2%
16.8%
16.8%
21.2%
21.2%
24.2%
24.2%
13.2%
13.2%
11.5%
11.5%
0% 100.0%
% of Homes