Cranks, KY Foreclosures
How much do homes sell for in Cranks, KY?
The average home price is currently $108,722.
In Cranks, KY, how many homes are available?
There are currently 33 active home listings available in Cranks.
What’s the average rental cost in Cranks, KY?
The average rental price in Cranks is $715.
What is the most expensive home in Cranks?
The most expensive home sold in Cranks had a price of $488,859.
What is currently the cheapest priced home in Cranks, KY?
The cheapest home for sale in Cranks is priced at $15,400.
Living in Cranks, KY
Cranks, KY is a quaint and quiet region in Harlan County that offers a peaceful lifestyle amid stunning natural landscapes. With abundant outdoor activities such as hiking and camping in nearby Daniel Boone National Forest and a close-knit community feel, it’s an ideal place for those looking to escape the hustle and bustle. Cranks also provides access to larger amenities just a short drive away in the city of Harlan.
Current Market Conditions in Cranks, KY
The real estate market in Cranks, KY has seen a gradual increase in property values over the past year. With its scenic beauty and proximity to outdoor activities, more buyers are looking to invest in homes here, particularly for vacation or retirement purposes. While the inventory remains relatively low, the demand continues to grow, indicating a favorable market for sellers.
Investors are noticing Cranks as a hidden gem, with many homes being snapped up quickly as buyers seek affordable options in a picturesque location. This trend suggests that there might be a shift in the market toward higher prices if demand continues to rise.
Home Value Estimator For Cranks, KY
There are currently 93 real estate properties
in Cranks, KY,
with a median automated valuation model (AVM) price
of $78,690.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cranks, 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 Cranks, KY,
is $108,722.00, with the most expensive house
in Cranks, KY, topping out
at $488,859.00 and the cheapest home
in Cranks, KY,
clocking in at $15,400.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cranks, KY!
Rent Prices
In Cranks, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cranks, KY, is on
a rollercoaster ride. The
average rent price in Cranks, KY,
is $715.00. Indeed, when looking to rent in
Cranks, KY, you can expect to pay as little
as $420.00 or as much
as $1,680.00,
with the average rent median estimated to
be $680.00. The good news is that finding
an affordable and desirable property to rent in Cranks, 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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