Living in Gamaliel, KY
Gamaliel, KY, is a peaceful and welcoming small town with a strong community spirit. Nestled in Barren County, it is perfect for those seeking a quiet lifestyle near nature and outdoor activities. With good schools and local amenities, Gamaliel presents a great environment for families and retirees alike.
Current Market Conditions in Gamaliel, KY
The real estate market in Gamaliel has remained stable over the past year, showing a modest but consistent growth in property values. Demand for homes in the area is steady, attracted by its affordability and peaceful living conditions. Interestingly, the region has seen an influx of buyers looking for vacation homes, particularly those seeking rural retreats.
As buyers continue to consider the advantages of small-town living amidst urban migration trends, homes in Gamaliel are becoming increasingly desirable. Sellers are encouraged to put their homes on the market now, as interest rates are favorable for buyers at this time.
Home Value Estimator For Gamaliel, KY
There are currently 396 real estate properties
in Gamaliel, KY,
with a median automated valuation model (AVM) price
of $149,293.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gamaliel, 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 Gamaliel, KY,
is $189,123.00, with the most expensive house
in Gamaliel, KY, topping out
at $1,663,157.00 and the cheapest home
in Gamaliel, KY,
clocking in at $19,059.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gamaliel, KY!
Rent Prices
In Gamaliel, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gamaliel, KY, is on
a rollercoaster ride. The
average rent price in Gamaliel, KY,
is $697.00. Indeed, when looking to rent in
Gamaliel, KY, you can expect to pay as little
as $370.00 or as much
as $1,170.00,
with the average rent median estimated to
be $670.00. The good news is that finding
an affordable and desirable property to rent in Gamaliel, 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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