Ferguson, KY Foreclosures
How much do homes sell for in Ferguson, KY?
The average home price is currently $140,484.
In Ferguson, KY, how many homes are available?
There are currently 3 active home listings available in Ferguson.
What’s the average rental cost in Ferguson, KY?
The average rental price in Ferguson is $779.
What is the most expensive home in Ferguson?
The most expensive home sold in Ferguson had a price of $989,570.
What is currently the cheapest priced home in Ferguson, KY?
The cheapest home for sale in Ferguson is priced at $17,710.
Living in Ferguson, KY
Ferguson, KY, is a peaceful community near Somerset, offering a blend of rural charm and urban convenience. The friendly atmosphere, local amenities, and beautiful outdoor spaces make it a great place for families and nature enthusiasts alike. With access to quality schools and community events, Ferguson is an ideal location for those seeking a close-knit neighborhood.
Current Market Conditions in Ferguson, KY
The real estate market in Ferguson, KY, has shown a steady increase in home values over the past year. Many buyers are attracted to the area due to its affordability compared to larger cities. Increased demand for homes has led to a competitive market, with listings often receiving multiple offers shortly after becoming available. The area's growth in popularity for families and retirees has also driven new construction trends, indicating a healthy and vibrant market.
Recently, Ferguson has seen a rise in home renovations and outdoor living spaces, reflecting buyers' interest in improving their investments. The local government is focused on enhancing infrastructure and attracting new businesses, which could further influence real estate opportunities. As the town develops, there is potential for property values to continue appreciating.
Home Value Estimator For Ferguson, KY
There are currently 469 real estate properties
in Ferguson, KY,
with a median automated valuation model (AVM) price
of $124,385.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ferguson, 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 Ferguson, KY,
is $140,484.00, with the most expensive house
in Ferguson, KY, topping out
at $989,570.00 and the cheapest home
in Ferguson, KY,
clocking in at $17,710.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ferguson, KY!
Rent Prices
In Ferguson, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ferguson, KY, is on
a rollercoaster ride. The
average rent price in Ferguson, KY,
is $779.00. Indeed, when looking to rent in
Ferguson, KY, you can expect to pay as little
as $500.00 or as much
as $1,710.00,
with the average rent median estimated to
be $740.00. The good news is that finding
an affordable and desirable property to rent in Ferguson, 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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