Burgin, KY Foreclosures
How much do homes sell for in Burgin, KY?
The average home price is currently $166,614.
What’s the average rental cost in Burgin, KY?
The average rental price in Burgin is $854.
What is the most expensive home in Burgin?
The most expensive home sold in Burgin had a price of $499,716.
What is currently the cheapest priced home in Burgin, KY?
The cheapest home for sale in Burgin is priced at $11,077.
Living in Burgin, KY
Burgin, KY is a quaint town with a welcoming community and a peaceful lifestyle. Surrounded by nature, it offers a blend of rural charm and modern amenities, making it perfect for families and anyone looking for a slower pace of life. Residents enjoy a strong sense of community along with access to quality education and recreational opportunities.
Current Market Conditions in Burgin, KY
Over the past few months, the real estate market in Burgin has seen a stable demand for homes, with an increase in buyers looking for affordable housing options in rural areas. This trend is likely influenced by the shift towards remote work, as more individuals seek peaceful locations with a lower cost of living.
The market is characterized by a balanced inventory, with homes typically selling within a reasonable timeframe due to competitive pricing and the appeal of the community atmosphere.
Home Value Estimator For Burgin, KY
There are currently 60 real estate properties
in Burgin, KY,
with a median automated valuation model (AVM) price
of $146,908.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Burgin, 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 Burgin, KY,
is $166,614.00, with the most expensive house
in Burgin, KY, topping out
at $499,716.00 and the cheapest home
in Burgin, KY,
clocking in at $11,077.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Burgin, KY!
Rent Prices
In Burgin, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Burgin, KY, is on
a rollercoaster ride. The
average rent price in Burgin, KY,
is $854.00. Indeed, when looking to rent in
Burgin, KY, you can expect to pay as little
as $560.00 or as much
as $1,480.00,
with the average rent median estimated to
be $810.00. The good news is that finding
an affordable and desirable property to rent in Burgin, 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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