Cannon, KY Foreclosures
How much do homes sell for in Cannon, KY?
The average home price is currently $139,495.
In Cannon, KY, how many homes are available?
There are currently 1 active home listings available in Cannon.
What’s the average rental cost in Cannon, KY?
The average rental price in Cannon is $814.
What is the most expensive home in Cannon?
The most expensive home sold in Cannon had a price of $523,223.
What is currently the cheapest priced home in Cannon, KY?
The cheapest home for sale in Cannon is priced at $10,950.
Living in Cannon, KY
Cannon, KY, is a charming small town that exudes a friendly atmosphere and picturesque landscapes. With a strong sense of community and essential amenities close by, it offers a perfect balance of rural tranquility and convenience. Families can enjoy quality education options and outdoor activities in a serene environment.
Current Market Conditions in Cannon, KY
The real estate market in Cannon is showing steady signs of growth, with an increasing number of families looking to settle in this peaceful town. Prices have remained relatively affordable, appealing to first-time homebuyers while still attracting those looking for larger homes with land. The sense of community and local amenities contribute to a rising demand for housing, as more people discover the lifestyle Cannon has to offer.
In recent months, Cannon has seen an uptick in home sales, primarily due to its appealing rural lifestyle, combined with proximity to urban areas. Buyers are taking advantage of low-interest rates and are eager to invest in the area, resulting in a competitive but balanced real estate market.
Home Value Estimator For Cannon, KY
There are currently 208 real estate properties
in Cannon, KY,
with a median automated valuation model (AVM) price
of $119,064.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cannon, KY, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Cannon, KY,
is $139,495.00, with the most expensive house
in Cannon, KY, topping out
at $523,223.00 and the cheapest home
in Cannon, KY,
clocking in at $10,950.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cannon, KY!
Rent Prices
In Cannon, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cannon, KY, is on
a rollercoaster ride. The
average rent price in Cannon, KY,
is $814.00. Indeed, when looking to rent in
Cannon, KY, you can expect to pay as little
as $500.00 or as much
as $1,320.00,
with the average rent median estimated to
be $790.00. The good news is that finding
an affordable and desirable property to rent in Cannon, KY
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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