Drift, KY Foreclosures
How much do homes sell for in Drift, KY?
The average home price is currently $95,379.
What’s the average rental cost in Drift, KY?
The average rental price in Drift is $673.
What is the most expensive home in Drift?
The most expensive home sold in Drift had a price of $255,335.
What is currently the cheapest priced home in Drift, KY?
The cheapest home for sale in Drift is priced at $9,765.
Living in Drift, KY
Drift is a cozy town located in Johnson County, Kentucky, nestled among rolling hills and lush landscapes. With a close-knit community, Drift offers a peaceful lifestyle accompanied by scenic views and a variety of outdoor activities. The area provides a rich cultural heritage along with access to essential amenities, making it a great place to settle down.
Current Market Conditions in Drift, KY
The real estate market in Drift, KY has shown signs of stability, with property values holding steady over the past few months. The area has seen an increase in demand for homes, particularly for single-family residences, as new buyers are drawn to the scenic beauty and calm lifestyle the town offers.
Currently, there are indications of slight appreciation in home values due to the limited inventory of listings, which presents an opportunity for prospective homebuyers to invest in the area before prices increase further.
Home Value Estimator For Drift, KY
There are currently 120 real estate properties
in Drift, KY,
with a median automated valuation model (AVM) price
of $90,392.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Drift, 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 Drift, KY,
is $95,379.00, with the most expensive house
in Drift, KY, topping out
at $255,335.00 and the cheapest home
in Drift, KY,
clocking in at $9,765.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Drift, KY!
Rent Prices
In Drift, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Drift, KY, is on
a rollercoaster ride. The
average rent price in Drift, KY,
is $673.00. Indeed, when looking to rent in
Drift, KY, you can expect to pay as little
as $420.00 or as much
as $1,080.00,
with the average rent median estimated to
be $630.00. The good news is that finding
an affordable and desirable property to rent in Drift, 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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