Bloomfield, KY Foreclosures
How much do homes sell for in Bloomfield, KY?
The average home price is currently $327,467.
What’s the average rental cost in Bloomfield, KY?
The average rental price in Bloomfield is $1,210.
What is the most expensive home in Bloomfield?
The most expensive home sold in Bloomfield had a price of $3,063,007.
What is currently the cheapest priced home in Bloomfield, KY?
The cheapest home for sale in Bloomfield is priced at $17,973.
Living in Bloomfield, KY
Bloomfield, KY, is a charming town that boasts a tight-knit community and beautiful landscapes. With its rich history, outdoor activities, and great educational facilities, it's an ideal place for families and those seeking a peaceful lifestyle. The town's local shops and amenities provide a convenient and fulfilling living experience.
Current Market Conditions in Bloomfield, KY
The real estate market in Bloomfield, KY, has been steady, with a moderate increase in home prices over the past year. Buyers are attracted to the town for its affordability and community-oriented living. Inventory levels have remained consistent, with both new developments and older homes available. Homes are generally selling within a reasonable time frame, reflecting a balanced market that caters to both sellers and buyers.
Recently, Bloomfield has seen a growing interest in its properties, owing to a mix of affordability and the charm of small-town living. As more people seek out areas with lower cost of living, the demand for homes in Bloomfield has been increasing slightly, suggesting a healthy market for potential investors.
Home Value Estimator For Bloomfield, KY
There are currently 1,624 real estate properties
in Bloomfield, KY,
with a median automated valuation model (AVM) price
of $247,916.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bloomfield, 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 Bloomfield, KY,
is $327,467.00, with the most expensive house
in Bloomfield, KY, topping out
at $3,063,007.00 and the cheapest home
in Bloomfield, KY,
clocking in at $17,973.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bloomfield, KY!
Rent Prices
In Bloomfield, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bloomfield, KY, is on
a rollercoaster ride. The
average rent price in Bloomfield, KY,
is $1,210.00. Indeed, when looking to rent in
Bloomfield, KY, you can expect to pay as little
as $590.00 or as much
as $2,560.00,
with the average rent median estimated to
be $1,160.00. The good news is that finding
an affordable and desirable property to rent in Bloomfield, 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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