Frakes, KY Foreclosures
How much do homes sell for in Frakes, KY?
The average home price is currently $96,631.
In Frakes, KY, how many homes are available?
There are currently 3 active home listings available in Frakes.
What’s the average rental cost in Frakes, KY?
The average rental price in Frakes is $758.
What is the most expensive home in Frakes?
The most expensive home sold in Frakes had a price of $285,572.
What is currently the cheapest priced home in Frakes, KY?
The cheapest home for sale in Frakes is priced at $10,707.
Living in Frakes, KY
Frakes, KY, is a quaint rural community characterized by its beautiful natural surroundings and a tight-knit atmosphere. It offers residents a peaceful lifestyle with access to outdoor activities and essential amenities. This area is perfect for those looking to escape the fast-paced city life and enjoy a simpler way of living.
Current Market Conditions in Frakes, KY
The real estate market in Frakes, KY, has become increasingly attractive as more people seek affordable housing alternatives in more rural areas. The demand for homes has stabilized over the last year, with prices seeing a modest uptick due to this growing interest. As remote work becomes more popular, many are looking to relocate from urban to rural settings, leading to a gradual increase in property values.
Current listings show that homes are selling at a steady pace, with many buyers interested in single-family homes that offer both space and access to nature. Overall, the market is favorable for both buyers and sellers, with a variety of options available for different budgets.
Home Value Estimator For Frakes, KY
There are currently 202 real estate properties
in Frakes, KY,
with a median automated valuation model (AVM) price
of $87,289.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Frakes, 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 Frakes, KY,
is $96,631.00, with the most expensive house
in Frakes, KY, topping out
at $285,572.00 and the cheapest home
in Frakes, KY,
clocking in at $10,707.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Frakes, KY!
Rent Prices
In Frakes, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Frakes, KY, is on
a rollercoaster ride. The
average rent price in Frakes, KY,
is $758.00. Indeed, when looking to rent in
Frakes, KY, you can expect to pay as little
as $500.00 or as much
as $1,260.00,
with the average rent median estimated to
be $750.00. The good news is that finding
an affordable and desirable property to rent in Frakes, 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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