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Richmond, Berea Micro Area Housing

 

As of 2010-2014, median price of a house in Richmond, Berea Area is $127,800, which is higher than the state average of $121,600 and is lower than the national average of $175,700. The median year that a house in Richmond, Berea Area was built is 1988, which is newer than the median year for a house built in the state which is 1978 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 23,915 Owner Occupied Houses in Richmond, Berea Area, #410
Richmond, Berea Area
127,800 USD
Kentucky
121,600 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Richmond, Berea Area
5.71%
Kentucky
40.25%
U.S.
46.91%

*The Richmond, Berea Area median house price growth rate is since 2005-2009. The Kentucky and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Richmond, Berea AreaKentuckyU.S.
Total Housing Units43,120, see rank, 100%1,938,836132,741,033
Occupied Housing Units38,386, 89.02%, see rank87.80%87.55%
Owner Occupied23,915, 55.46%, see rank59.42%56.34%
Renter Occupied14,471, 33.56%, see rank28.38%31.21%
Vacant Housing Units4,734, 10.98%, see rank12.20%12.45%
For Rent914, 2.12%, see rank2.04%2.34%
For Sale Only700, 1.62%, see rank1.33%1.20%
Rented or Sold, Not Occupied1,014, 2.35%, see rank1.59%0.92%
For Seasonal, Recreational, or Occasional Use307, 0.71%, see rank2.24%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant1,799, 4.17%, see rank4.97%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #57
Richmond, Berea AreaKentuckyU.S.
198819781976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Richmond, Berea Area%KentuckyU.S.
Owner-Occupied Units23,915100%1,152,01274,787,460
With a Mortgage14,27659.69%, see rank60.42%65.58%
Without a Mortgage9,63940.31%, see rank39.58%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Richmond, Berea Area
1,134 USD
Kentucky
1,124 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsRichmond, Berea Area%KentuckyU.S.
$299 or Less750.53%, see rank0.45%0.20%
$300 to $4996804.76%, see rank4.00%1.59%
$500 to $6991,4109.88%, see rank10.65%5.01%
$700 to $9993,17922.27%, see rank24.79%14.32%
$1,000 to $1,4995,36437.57%, see rank34.58%27.90%
$1,500 to $1,9992,12014.85%, see rank14.86%20.35%
$2,000 to $2,9991,1508.06%, see rank8.07%19.52%
$3,000 or More2982.09%, see rank2.60%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Richmond, Berea Area
21.40% of the Total Income
Kentucky
21.20% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Richmond, Berea Area%KentuckyU.S.
10% or Less8796.16%, see rank7.42%5.86%
10% to 20%5,52438.69%, see rank38.63%31.95%
20% to 30%3,92227.47%, see rank26.40%27.64%
30% to 40%1,57711.05%, see rank11.52%13.74%
40% or More2,30116.12%, see rank15.53%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Richmond, Berea Area
332 USD
Kentucky
336 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsRichmond, Berea Area%KentuckyU.S.
$199 or Less1,19012.35%, see rank15.39%7.76%
$200 to $2992,61027.08%, see rank25.19%14.70%
$300 to $4994,16943.25%, see rank40.30%34.63%
$500 to $6991,14611.89%, see rank13.29%21.16%
$700 or More5245.44%, see rank5.82%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Richmond, Berea Area
11.60% of the Total Income
Kentucky
10.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Richmond, Berea Area%KentuckyU.S.
10% or Less4,08642.39%, see rank45.97%40.19%
10% to 20%3,27633.99%, see rank30.79%31.47%
20% to 30%9559.91%, see rank10.69%12.24%
30% to 40%5625.83%, see rank4.50%5.64%
40% or More6356.59%, see rank6.79%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Richmond, Berea AreaKentuckyU.S.
Total Housing Units43,120, 100%1,938,836132,741,033
1-unit, Detached26,941, 62.48%, see rank67.21%61.65%
1-unit, Attached473, 1.10%, see rank2.45%5.82%
2 Units1,858, 4.31%, see rank3.05%3.75%
3 or 4 Units2,892, 6.71%, see rank4.01%4.43%
5 to 9 Units3,037, 7.04%, see rank4.66%4.78%
10 or More Units2,872, 6.66%, see rank6.39%13.08%
Mobile Home, Boat, RV, Van, etc.5,047, 11.70%, see rank12.23%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Richmond, Berea AreaKentuckyU.S.
Total Housing Units43,120, 100%1,938,836132,741,033
1 Room882, 2.05%, see rank1.31%1.95%
2 Rooms1,359, 3.15%, see rank1.58%2.48%
3 Rooms2,805, 6.51%, see rank6.92%9.13%
4 Rooms6,922, 16.05%, see rank16.56%16.60%
5 Rooms9,578, 22.21%, see rank22.96%20.41%
6 Rooms7,797, 18.08%, see rank19.01%18.06%
7 Rooms5,208, 12.08%, see rank12.52%12.27%
8 Rooms3,558, 8.25%, see rank8.32%8.48%
9 Rooms or More5,011, 11.62%, see rank10.81%10.60%
Median Rooms5.50, see rank5.505.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Richmond, Berea AreaKentuckyU.S.
Total Housing Units43,120, 100%1,938,836132,741,033
No Bedroom980, 2.27%, see rank1.42%2.17%
1 Bedroom3,880, 9.00%, see rank8.44%11.16%
2 Bedrooms11,263, 26.12%, see rank27.38%26.69%
3 Bedrooms19,916, 46.19%, see rank44.95%39.70%
4 Bedrooms5,545, 12.86%, see rank14.32%16.05%
5 or More Bedrooms1,536, 3.56%, see rank3.49%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Richmond, Berea AreaKentuckyU.S.
Total Housing Units38,386, 100%1,702,235116,211,092
Utility Gas5,565, 14.50%, see rank38.22%48.85%
Bottled, Tank, or LP Gas1,206, 3.14%, see rank6.49%4.86%
Electricity29,826, 77.70%, see rank50.50%36.68%
Fuel Oil, Kerosene, etc.485, 1.26%, see rank1.03%5.86%
Coal or Coke92, 0.24%, see rank0.25%0.12%
Wood926, 2.41%, see rank2.95%2.12%
Solar Energy8, 0.02%, see rank0.02%0.05%
Other Fuel180, 0.47%, see rank0.30%0.47%
No Fuel Used98, 0.26%, see rank0.24%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalRichmond, Berea AreaKentuckyU.S.
Occupied Units Paying Rent13,547, 100%496,53639,201,928
$199 or Less126, 0.93%, see rank3.01%1.50%
$200 to $299648, 4.78%, see rank5.28%3.18%
$300 to $4992,769, 20.44%, see rank15.95%7.37%
$500 to $6995,050, 37.28%, see rank30.85%16.01%
$700 to $9993,650, 26.94%, see rank29.97%29.17%
$1,000 to $1,499990, 7.31%, see rank12.25%26.88%
$1,500 to $1,999225, 1.66%, see rank1.85%9.79%
$2,000 or More89, 0.66%, see rank0.83%6.10%
Median$631, see rank$667$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Richmond, Berea AreaKentuckyU.S.
Occupied Housing Units38,386, 100%1,702,235116,211,092
No Vehicles Available2,554, 6.65%, see rank7.85%9.12%
1 Vehicles Available12,660, 32.98%, see rank33.49%33.80%
2 Vehicles Available15,156, 39.48%, see rank38.04%37.48%
3 or More Vehicles Available8,016, 20.88%, see rank20.62%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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