Burna, KY Foreclosures
How much do homes sell for in Burna, KY?
The average home price is currently $126,859.
In Burna, KY, how many homes are available?
There are currently 1 active home listings available in Burna.
What’s the average rental cost in Burna, KY?
The average rental price in Burna is $742.
What is the most expensive home in Burna?
The most expensive home sold in Burna had a price of $431,133.
What is currently the cheapest priced home in Burna, KY?
The cheapest home for sale in Burna is priced at $37,546.
Living in Burna, KY
Burna, KY, is a peaceful small town that embodies the charm of rural living with a close-knit community feel. Residents enjoy access to beautiful natural surroundings and a variety of outdoor activities. With a focus on education and family values, Burna makes a perfect home for those seeking tranquility away from the hustle and bustle.
Current Market Conditions in Burna, KY
The current real estate market in Burna is showing steady growth, with interest rates remaining relatively low, making it an attractive market for buyers. The affordability of homes here compared to larger urban areas contributes to its appeal, drawing in new residents looking for value in their investments. Over the past few months, homes have been selling at a quicker pace, indicative of increased demand.
A recent increase in remote work has led to a trend of families relocating to rural areas like Burna, where they can find spacious properties and a lower cost of living. This shift is likely to prompt more development in the area, improving amenities and services for both current residents and newcomers.
Home Value Estimator For Burna, KY
There are currently 233 real estate properties
in Burna, KY,
with a median automated valuation model (AVM) price
of $102,756.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Burna, 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 Burna, KY,
is $126,859.00, with the most expensive house
in Burna, KY, topping out
at $431,133.00 and the cheapest home
in Burna, KY,
clocking in at $37,546.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Burna, KY!
Rent Prices
In Burna, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Burna, KY, is on
a rollercoaster ride. The
average rent price in Burna, KY,
is $742.00. Indeed, when looking to rent in
Burna, KY, you can expect to pay as little
as $420.00 or as much
as $1,220.00,
with the average rent median estimated to
be $740.00. The good news is that finding
an affordable and desirable property to rent in Burna, 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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