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 quaint rural community known for its scenic landscapes and serene lifestyle. Residents cherish the tight-knit community fabric and accessibility to nature. With essential amenities nearby and a warm atmosphere, Burna is ideal for families and those looking to escape the hustle and bustle of city life.
Current Market Conditions in Burna, KY
Burna's real estate market is characterized by steady growth, with home values gradually increasing as more buyers seek out this charming region for its tranquility and natural beauty. The demand for rural properties has been on the rise, and Burna has not been left untouched by this trend.
There is a limited inventory of homes available, which has contributed to the competitive nature of the current market. Buyers are finding that properties here are suitable not only for primary residences but also for vacation homes and investment properties, given the area's appeal to those looking to enjoy country living.
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.