Flat Lick, KY Foreclosures
How much do homes sell for in Flat Lick, KY?
The average home price is currently $127,228.
In Flat Lick, KY, how many homes are available?
There are currently 1 active home listings available in Flat Lick.
What’s the average rental cost in Flat Lick, KY?
The average rental price in Flat Lick is $801.
What is the most expensive home in Flat Lick?
The most expensive home sold in Flat Lick had a price of $1,980,852.
What is currently the cheapest priced home in Flat Lick, KY?
The cheapest home for sale in Flat Lick is priced at $11,049.
Living in Flat Lick, KY
Flat Lick, Kentucky is a quaint rural community that provides a tranquil lifestyle amidst nature. Located in Knox County, it offers a friendly atmosphere with various outdoor activities and close-knit educational opportunities. Ideal for families or those looking for a peaceful setting, Flat Lick presents a mix of community spirit and natural beauty.
Current Market Conditions in Flat Lick, KY
The current real estate market in Flat Lick, KY is characterized by consistent demand for homes in this peaceful community. The market has seen a gradual increase in home prices, reflecting the desirability of rural living combined with accessibility to larger towns. Inventory levels are moderately low, which can lead to competition among buyers for available properties, particularly those with land and outdoor amenities.
With families and retirees seeking refuge from urban environments, Flat Lick's market is poised for growth. There's a noticeable trend towards investing in homes that offer plenty of land, which is attractive for gardening, farming, and outdoor recreational activities. Investment in local infrastructure may further boost property values in the near future.
Home Value Estimator For Flat Lick, KY
There are currently 480 real estate properties
in Flat Lick, KY,
with a median automated valuation model (AVM) price
of $95,752.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Flat Lick, 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 Flat Lick, KY,
is $127,228.00, with the most expensive house
in Flat Lick, KY, topping out
at $1,980,852.00 and the cheapest home
in Flat Lick, KY,
clocking in at $11,049.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Flat Lick, KY!
Rent Prices
In Flat Lick, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Flat Lick, KY, is on
a rollercoaster ride. The
average rent price in Flat Lick, KY,
is $801.00. Indeed, when looking to rent in
Flat Lick, KY, you can expect to pay as little
as $410.00 or as much
as $1,760.00,
with the average rent median estimated to
be $720.00. The good news is that finding
an affordable and desirable property to rent in Flat Lick, 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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