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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.



Rineyville, 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

Rineyville, KY Housing Market Trends

With 3,039 people, 870 houses or apartments, and a median cost of homes of $371,331, Rineyville real estate is some of the most expensive in Kentucky, although Rineyville home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Rineyville, accounting for 76.26% of the town's housing units. Other types of housing that are prevalent in Rineyville include mobile homes or trailers ( 23.74%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Rineyville. Owner-occupied housing accounts for 97.24% of Rineyville's homes, and 89.37% have either three or four bedrooms, which is average sized relative to America.

Rineyville homes and real estate are some of the newest in America. 36.84% of Rineyville's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Rineyville real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 33.85%), and between 1940-1969 ( 21.98%). There's also some housing in Rineyville built before 1939 ( 7.33%).

Vacant housing appears to be an issue in Rineyville. Fully 10.22% of the housing stock is classified as vacant. Left unchecked, vacant Rineyville homes and apartments can be a drag on the real estate market, holding Rineyville 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.

Rineyville Home Appreciation Rates

Real estate appreciation rates in Rineyville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.43% during the period.

Over the last year, Rineyville appreciation rates have trailed the rest of the nation. In the last twelve months, Rineyville's appreciation rate has been 2.88%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Rineyville were at -0.58%, which equates to an annual appreciation rate of -2.28%.

Notably, Rineyville's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Kentucky, our data show that Rineyville's latest annual appreciation rate is lower than 90% of the other cities and towns in Kentucky.

Average Home Values

Median Home Value

$371,331

Rineyville, KY Home Prices
> $1,444,000
$1,083,001 - $1,444,000
$722,001 - $1,083,000
$577,001 - $722,000
$433,001 - $577,000
$289,001 - $433,000
$145,001 - $289,000
$72,001 - $145,000
$0 - $72,000
3.4%
3.4%
0.2%
0.2%
0.7%
0.7%
6.9%
6.9%
25.1%
25.1%
26.3%
26.3%
28.9%
28.9%
3.4%
3.4%
5.1%
5.1%
0% 100.0%
% of Homes
Very High

for Kentucky

High

for nation

Number of Homes And Apartments:

870

Rineyville Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,584 / per month

Homeownership Rate

Owners
Renters
97.2%
97.2%
2.8%
2.8%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
10.2%
10.2%
89.8%
89.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
36.8%
36.8%
33.8%
33.8%
22.0%
22.0%
7.3%
7.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
76.3%
76.3%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
23.7%
23.7%
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
0.0%
0.0%
0.0%
0.0%
4.5%
4.5%
46.2%
46.2%
43.1%
43.1%
6.1%
6.1%
0% 100.0%
% of Homes

Popular Neighborhoods in Rineyville

Zip Codes in Rineyville, KY