Corbin, KY Foreclosures
How much do homes sell for in Corbin, KY?
The average home price is currently $184,860.
In Corbin, KY, how many homes are available?
There are currently 43 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 $9,549,471.
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, known for its historical significance as the birthplace of Kentucky Fried Chicken, offers a unique blend of southern charm and modern amenities. With a strong sense of community and various local events, it captures the heart of both residents and visitors. The local lifestyle is enhanced by outdoor activities, parks, and a variety of dining and shopping options.
Current Market Conditions in Corbin, KY
The real estate market in Corbin, KY, is generally stable, with homes appreciating at a moderate pace due to consistent demand. The area's affordability compared to larger urban markets attracts many first-time homebuyers and investors looking for rental properties. With new developments in the area and a steady influx of families moving in, the market shows potential growth in the coming years.
At the moment, Corbin is experiencing slight competition among buyers, especially for well-maintained homes in desirable neighborhoods. The inventory of homes available is less than the number of interested buyers, leading to a seller's market. Homes are often receiving multiple offers, and it's common to see properties selling above the asking price.
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 $148,513.00. 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 $184,860.00, with the most expensive house
in Corbin, KY, topping out
at $9,549,471.00 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.
Learn more on Foreclosure homes
