Garrett, KY Foreclosures
How much do homes sell for in Garrett, KY?
The average home price is currently $105,764.
In Garrett, KY, how many homes are available?
There are currently 4 active home listings available in Garrett.
What’s the average rental cost in Garrett, KY?
The average rental price in Garrett is $709.
What is the most expensive home in Garrett?
The most expensive home sold in Garrett had a price of $501,589.
What is currently the cheapest priced home in Garrett, KY?
The cheapest home for sale in Garrett is priced at $6,023.
Living in Garrett, KY
Garrett, Kentucky is a charming small town known for its tight-knit community and scenic surroundings. Offering a blend of rural living with easy access to urban conveniences, it’s an ideal place for families and nature lovers. With various outdoor activities and friendly neighborhoods, Garrett provides a peaceful lifestyle.
Current Market Conditions in Garrett, KY
The current real estate market in Garrett is characterized by stable prices and a consistent flow of new listings. Homes in this area tend to sell quickly due to the appealing community vibe and affordability. Compared to larger markets, Garrett remains a hidden gem, attracting first-time home buyers and families looking for a quieter life.
The trend in real estate is gradually shifting towards more buyers seeking homes in less densely populated areas, as remote work opportunities grow. This shift has contributed positively to the demand in Garrett, leading to more competitive bidding situations for well-priced homes.
Home Value Estimator For Garrett, KY
There are currently 346 real estate properties
in Garrett, KY,
with a median automated valuation model (AVM) price
of $90,486.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Garrett, 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 Garrett, KY,
is $105,764.00, with the most expensive house
in Garrett, KY, topping out
at $501,589.00 and the cheapest home
in Garrett, KY,
clocking in at $6,023.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Garrett, KY!
Rent Prices
In Garrett, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Garrett, KY, is on
a rollercoaster ride. The
average rent price in Garrett, KY,
is $709.00. Indeed, when looking to rent in
Garrett, KY, you can expect to pay as little
as $400.00 or as much
as $1,350.00,
with the average rent median estimated to
be $650.00. The good news is that finding
an affordable and desirable property to rent in Garrett, 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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