Living in Blackey, KY
Blackey, KY is a peaceful rural community surrounded by beautiful landscapes and offering a tight-knit community atmosphere. The area provides various outdoor recreational opportunities and essential amenities, making it an attractive choice for families and individuals seeking a quieter lifestyle.
Current Market Conditions in Blackey, KY
The real estate market in Blackey is currently stable, with home prices showing a gradual increase over the past year. This trend indicates a growing interest in the area, particularly among buyers looking for affordable housing in a serene environment.
With the influx of new residents attracted by the area's natural beauty and community charm, investment opportunities are rising, making it a promising location for real estate investors.
Home Value Estimator For Blackey, KY
There are currently 56 real estate properties
in Blackey, KY,
with a median automated valuation model (AVM) price
of $90,023.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Blackey, 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 Blackey, KY,
is $96,865.00, with the most expensive house
in Blackey, KY, topping out
at $341,180.00 and the cheapest home
in Blackey, KY,
clocking in at $11,686.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Blackey, KY!
Rent Prices
In Blackey, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Blackey, KY, is on
a rollercoaster ride. The
average rent price in Blackey, KY,
is $665.00. Indeed, when looking to rent in
Blackey, KY, you can expect to pay as little
as $460.00 or as much
as $960.00,
with the average rent median estimated to
be $630.00. The good news is that finding
an affordable and desirable property to rent in Blackey, 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.