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Foreclosures in Corbin, KY

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Corbin, KY Foreclosures

How much do homes sell for in Corbin, KY?
The average home price is currently $185,824.
In Corbin, KY, how many homes are available?
There are currently 10 active home listings available in Corbin.
What’s the average rental cost in Corbin, KY?
The average rental price in Corbin is $912.
What is the most expensive home in Corbin?
The most expensive home sold in Corbin had a price of $12,861,833.
What is currently the cheapest priced home in Corbin, KY?
The cheapest home for sale in Corbin is priced at $10,580.

Living in Corbin, KY

Corbin, Kentucky, is a charming city known for its rich history and close-knit community. Nestled in the foothills of the Appalachian Mountains, it offers a blend of small-town charm with access to nature. The area boasts various recreational activities and a host of local amenities that make it appealing for families and individuals alike.

Current Market Conditions in Corbin, KY

The real estate market in Corbin is currently trending upward, with an increased demand for homes in the past few months. Buyers are attracted to the area's affordability and charm, which are contributing to a competitive market. This trend has been noticeable as more families and individuals look to relocate to a quieter, yet vibrant environment.

In January 2023, the market saw a rise in home values by approximately 5% due to the low inventory of available homes. This trend appears to be continuing as more potential buyers enter the market, leading to a faster turnover of property sales compared to the previous year.

Home Value Estimator For Corbin, KY

There are currently 10,721 real estate properties in Corbin, KY, with a median automated valuation model (AVM) price of $149,717.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Corbin, 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 Corbin, KY, is $185,824.00, with the most expensive house in Corbin, KY, topping out at $12,861,833.00 and the cheapest home in Corbin, KY, clocking in at $10,580.00. In other words, there’s something for every potential homebuyer or savvy investor in Corbin, KY!

Rent Prices In Corbin, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Corbin, KY, is on a rollercoaster ride. The average rent price in Corbin, KY, is $912.00. Indeed, when looking to rent in Corbin, KY, you can expect to pay as little as $390.00 or as much as $2,440.00, with the average rent median estimated to be $880.00. The good news is that finding an affordable and desirable property to rent in Corbin, 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.

Corbin, KY Foreclosures


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