Living in Fountain Run, KY
Fountain Run, KY, is a small and inviting town known for its picturesque landscapes and friendly community atmosphere. With local amenities and outdoor activities, it is perfect for families and retirees. Residents enjoy a peaceful lifestyle while still having access to nearby cities and recreation.
Current Market Conditions in Fountain Run, KY
Fountain Run's real estate market has experienced a steady increase in demand over the past few years as more homebuyers seek the charm of small-town living. The average home prices have seen a modest appreciation, driven by buyers looking for affordable yet spacious options in a serene setting. Market activity remains positive, with a balanced inventory of homes available for sale, indicating a healthy market.
Currently, homes in Fountain Run are seeing a balanced level of activity, with both buyers and sellers engaged in the market. This balance allows for competitive pricing and diverse options for prospective homebuyers, contributing to the area's appeal as a desirable living location.
Home Value Estimator For Fountain Run, KY
There are currently 540 real estate properties
in Fountain Run, KY,
with a median automated valuation model (AVM) price
of $157,596.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fountain Run, 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 Fountain Run, KY,
is $221,360.00, with the most expensive house
in Fountain Run, KY, topping out
at $2,342,942.00 and the cheapest home
in Fountain Run, KY,
clocking in at $13,397.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fountain Run, KY!
Rent Prices
In Fountain Run, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fountain Run, KY, is on
a rollercoaster ride. The
average rent price in Fountain Run, KY,
is $935.00. Indeed, when looking to rent in
Fountain Run, KY, you can expect to pay as little
as $410.00 or as much
as $1,700.00,
with the average rent median estimated to
be $870.00. The good news is that finding
an affordable and desirable property to rent in Fountain Run, 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.
Learn more on Foreclosure homes
