Gratz, KY Foreclosures
How much do homes sell for in Gratz, KY?
The average home price is currently $188,744.
What’s the average rental cost in Gratz, KY?
The average rental price in Gratz is $902.
What is the most expensive home in Gratz?
The most expensive home sold in Gratz had a price of $1,048,715.
What is currently the cheapest priced home in Gratz, KY?
The cheapest home for sale in Gratz is priced at $6,740.
Living in Gratz, KY
Gratz, Kentucky, is a charming small town nestled within the serene landscape of Owen County. Known for its tight-knit community, Gratz offers a peaceful rural lifestyle coupled with a strong sense of history. Residents enjoy local amenities and proximity to nature, making it ideal for families and retirees alike.
Current Market Conditions in Gratz, KY
The real estate market in Gratz, KY is currently stable, with a steady demand for homes due to its attractive rural lifestyle and affordability compared to urban areas. The average home price is slightly increasing as more families and individuals look for quieter living spaces post-pandemic. The area's charm and natural surroundings are significant draws for potential buyers, leading to a decline in available inventory.
Home prices in Gratz have reflected a moderate increase over the past year, driven by a strong demand for homes in the region. The market remains competitive, especially for well-kept properties, as many buyers are seeking the tranquility of country living while remaining accessible to urban amenities.
Home Value Estimator For Gratz, KY
There are currently 49 real estate properties
in Gratz, KY,
with a median automated valuation model (AVM) price
of $125,877.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gratz, 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 Gratz, KY,
is $188,744.00, with the most expensive house
in Gratz, KY, topping out
at $1,048,715.00 and the cheapest home
in Gratz, KY,
clocking in at $6,740.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gratz, KY!
Rent Prices
In Gratz, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gratz, KY, is on
a rollercoaster ride. The
average rent price in Gratz, KY,
is $902.00. Indeed, when looking to rent in
Gratz, KY, you can expect to pay as little
as $600.00 or as much
as $1,780.00,
with the average rent median estimated to
be $840.00. The good news is that finding
an affordable and desirable property to rent in Gratz, 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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