Benham, KY Foreclosures
How much do homes sell for in Benham, KY?
The average home price is currently $67,365.
What’s the average rental cost in Benham, KY?
The average rental price in Benham is $843.
What is the most expensive home in Benham?
The most expensive home sold in Benham had a price of $212,149.
What is currently the cheapest priced home in Benham, KY?
The cheapest home for sale in Benham is priced at $15,400.
Living in Benham, KY
Benham, KY, offers a unique blend of small-town charm and scenic beauty, situated in the heart of the Appalachian Mountains. With its strong community spirit and rich history, it serves as an ideal location for those seeking a tranquil lifestyle surrounded by natural beauty. Residents benefit from local amenities while enjoying a peaceful atmosphere that feels worlds away from urban life.
Current Market Conditions in Benham, KY
The real estate market in Benham, KY, has experienced a stable trend over the past few years. While overall home prices remain relatively affordable compared to national averages, there has been a slight uptick in inquiries and sales as more people seek out rural living options during and after the pandemic.
As interest in rural areas grows, Benham's market is beginning to mirror trends seen in surrounding regions, where properties are being purchased more quickly, and competition is on the rise. However, prices remain attractive for buyers looking for investment opportunities or primary residences.
Home Value Estimator For Benham, KY
There are currently 236 real estate properties
in Benham, KY,
with a median automated valuation model (AVM) price
of $62,884.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Benham, 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 Benham, KY,
is $67,365.00, with the most expensive house
in Benham, KY, topping out
at $212,149.00 and the cheapest home
in Benham, KY,
clocking in at $15,400.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Benham, KY!
Rent Prices
In Benham, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Benham, KY, is on
a rollercoaster ride. The
average rent price in Benham, KY,
is $843.00. Indeed, when looking to rent in
Benham, KY, you can expect to pay as little
as $740.00 or as much
as $1,010.00,
with the average rent median estimated to
be $830.00. The good news is that finding
an affordable and desirable property to rent in Benham, 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.
Learn more on Foreclosure homes
