Grethel, KY Foreclosures
How much do homes sell for in Grethel, KY?
The average home price is currently $95,375.
What’s the average rental cost in Grethel, KY?
The average rental price in Grethel is $740.
What is the most expensive home in Grethel?
The most expensive home sold in Grethel had a price of $382,000.
What is currently the cheapest priced home in Grethel, KY?
The cheapest home for sale in Grethel is priced at $8,405.
Living in Grethel, KY
Grethel, KY is a quaint and peaceful community nestled in the heart of the Appalachian Mountains. It offers a perfect balance of rural charm and access to outdoor activities, making it a hidden gem for those seeking tranquility. With strong community ties and stunning natural scenery, Grethel is an ideal location for families and outdoor enthusiasts alike.
Current Market Conditions in Grethel, KY
The real estate market in Grethel, KY is currently showing signs of stability, with home prices maintaining a steady trend. The demand for rural properties is increasing as more individuals seek refuge from urban living, making this an attractive market for sellers. Historically, houses in the area have appreciated well, providing a promising future for real estate investments.
Investors should note that while the market is stable, there is potential for growth. As more people discover the charm of Appalachian living, demand could increase, propelling real estate prices upward. Average days on market for homes have begun to decrease slightly, indicating a competitive environment.
Home Value Estimator For Grethel, KY
There are currently 202 real estate properties
in Grethel, KY,
with a median automated valuation model (AVM) price
of $77,100.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Grethel, 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 Grethel, KY,
is $95,375.00, with the most expensive house
in Grethel, KY, topping out
at $382,000.00 and the cheapest home
in Grethel, KY,
clocking in at $8,405.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Grethel, KY!
Rent Prices
In Grethel, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Grethel, KY, is on
a rollercoaster ride. The
average rent price in Grethel, KY,
is $740.00. Indeed, when looking to rent in
Grethel, KY, you can expect to pay as little
as $410.00 or as much
as $1,400.00,
with the average rent median estimated to
be $660.00. The good news is that finding
an affordable and desirable property to rent in Grethel, 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.
Learn more on Foreclosure homes
