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Foreclosures in Cumberland, KY

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Cumberland, KY Foreclosures

How much do homes sell for in Cumberland, KY?
The average home price is currently $80,647.
In Cumberland, KY, how many homes are available?
There are currently 5 active home listings available in Cumberland.
What’s the average rental cost in Cumberland, KY?
The average rental price in Cumberland is $690.
What is the most expensive home in Cumberland?
The most expensive home sold in Cumberland had a price of $569,855.
What is currently the cheapest priced home in Cumberland, KY?
The cheapest home for sale in Cumberland is priced at $11,650.

Living in Cumberland, KY

Cumberland, KY, is a quaint and welcoming community nestled in the Appalachian Mountains. Known for its stunning natural landscapes, it offers residents a tranquil lifestyle with ample outdoor activities and local amenities. The city's strong sense of community and focus on education makes it an excellent place for families and individuals alike.

Current Market Conditions in Cumberland, KY

The real estate market in Cumberland is currently experiencing moderate growth, with a slow but steady increase in home values. The demand for affordable housing has spurred interest from families and individuals searching for a peaceful living environment among the mountains.

Investors are also starting to take notice of the area due to its reasonable property prices and potential for appreciation, especially as nearby areas begin to experience economic development.

Home Value Estimator For Cumberland, KY

There are currently 1,003 real estate properties in Cumberland, KY, with a median automated valuation model (AVM) price of $66,021.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cumberland, 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 Cumberland, KY, is $80,647.00, with the most expensive house in Cumberland, KY, topping out at $569,855.00 and the cheapest home in Cumberland, KY, clocking in at $11,650.00. In other words, there’s something for every potential homebuyer or savvy investor in Cumberland, KY!

Rent Prices In Cumberland, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cumberland, KY, is on a rollercoaster ride. The average rent price in Cumberland, KY, is $690.00. Indeed, when looking to rent in Cumberland, KY, you can expect to pay as little as $420.00 or as much as $1,400.00, with the average rent median estimated to be $680.00. The good news is that finding an affordable and desirable property to rent in Cumberland, 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.

Cumberland, KY Foreclosures

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