Living in Cloverport, KY
Cloverport, KY, is a serene small town nestled by the Ohio River, perfect for those looking for a quiet lifestyle. With a tight-knit community and beautiful natural surroundings, it provides residents with a peaceful living environment. The town is rich in history and offers numerous outdoor activities, making it an ideal place for families and retirees alike.
Current Market Conditions in Cloverport, KY
The current real estate market in Cloverport, KY, is stable, with a slight uptick in home prices over recent months. The demand for homes has remained consistent, reflective of the area's appeal to families and retirees who appreciate the tranquil lifestyle offered. Though it remains a small market, there are emerging trends of interest as the town gains visibility among those looking for rural living options near urban conveniences.
In recent months, Cloverport has seen a modest increase in property values due to the low inventory of available homes and an influx of potential buyers from suburban areas seeking quieter living spaces. Market conditions remain favorable for both buyers and sellers, as properties are selling relatively quickly.
Home Value Estimator For Cloverport, KY
There are currently 693 real estate properties
in Cloverport, KY,
with a median automated valuation model (AVM) price
of $91,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cloverport, 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 Cloverport, KY,
is $123,179.00, with the most expensive house
in Cloverport, KY, topping out
at $887,390.00 and the cheapest home
in Cloverport, KY,
clocking in at $8,232.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cloverport, KY!
Rent Prices
In Cloverport, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cloverport, KY, is on
a rollercoaster ride. The
average rent price in Cloverport, KY,
is $761.00. Indeed, when looking to rent in
Cloverport, KY, you can expect to pay as little
as $400.00 or as much
as $1,800.00,
with the average rent median estimated to
be $740.00. The good news is that finding
an affordable and desirable property to rent in Cloverport, 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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