Elsmere, KY Real Estate

According to census data in the year 2000 there were 3,088 housing units in Elsmere. This represents a 29% growth from 2,394 in 1990.

Of those housing units, 3,088 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Elsmere is about 80.1%. Elsmere's vacancy rate, including seasonal lodging, is about 5.5%. Average household size is 2.74 people.

The majority of houses, apartments or condos in Elsmere were built after 1973.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.50%
Two Bedrooms26.50%
Three Bedrooms57.20%
Four Bedrooms10.10%
Five Bedrooms or more1.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1972
Median Value of occupied units$89,400
Median Price asked for vacant units$77,500

Rented Homes, Apartments and Condos

Average Household Size2.81
Median year structure was built1975
Median Monthly Rent asked for vacant units$225

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage9.70%
Home Equity Loan10.80%
Simple Mortgage56.50%
Debt Free22.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.9%