Gracey, KY Foreclosures
How much do homes sell for in Gracey, KY?
The average home price is currently $260,935.
In Gracey, KY, how many homes are available?
There are currently 189 active home listings available in Gracey.
What’s the average rental cost in Gracey, KY?
The average rental price in Gracey is $988.
What is the most expensive home in Gracey?
The most expensive home sold in Gracey had a price of $2,635,853.
What is currently the cheapest priced home in Gracey, KY?
The cheapest home for sale in Gracey is priced at $11,905.
Living in Gracey, KY
Gracey, KY, is a quaint rural community characterized by its beautiful farmland and friendly atmosphere. It offers a peaceful lifestyle combined with access to nearby urban conveniences. With excellent outdoor activities and a strong sense of community, Gracey is perfect for families and those looking to escape the hustle and bustle of city life.
Current Market Conditions in Gracey, KY
The real estate market in Gracey, KY, currently presents opportunities for buyers looking for affordable living options in a quiet rural setting. Home prices have remained stable due to the small size of the community, with some increase noticed in demand for homes as remote work becomes more prevalent. Properties here typically attract both first-time buyers and those looking to retire in a tranquil environment.
Investors may find potential opportunities in Gracey, as the area's charm and affordability appeal to newcomers. However, the market remains competitive due to limited inventory. As buyer interest continues to grow, prices are expected to rise slightly over the next few years, making it a strategic time for both families and investors alike.
Home Value Estimator For Gracey, KY
There are currently 316 real estate properties
in Gracey, KY,
with a median automated valuation model (AVM) price
of $197,933.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gracey, 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 Gracey, KY,
is $260,935.00, with the most expensive house
in Gracey, KY, topping out
at $2,635,853.00 and the cheapest home
in Gracey, KY,
clocking in at $11,905.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gracey, KY!
Rent Prices
In Gracey, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gracey, KY, is on
a rollercoaster ride. The
average rent price in Gracey, KY,
is $988.00. Indeed, when looking to rent in
Gracey, KY, you can expect to pay as little
as $700.00 or as much
as $1,470.00,
with the average rent median estimated to
be $990.00. The good news is that finding
an affordable and desirable property to rent in Gracey, 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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