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Cheap Homes in Hazard, KY

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Hazard, KY Foreclosures

Current Market Conditions in in Hazard, KY As of March 2026?
This past month, the real estate market in Hazard has experienced a slight uptick in home sales, attributed to the seasonal increase in buyer interest. Inventory levels have remained relatively stable, but with a growing number of prospective buyers entering the market, we may see a more competitive environment in the coming months. Additionally, some properties are receiving multiple offers, indicating a strong demand for homes in the area.
How much do homes sell for in Hazard, KY?
The average home price is currently $142,003.
What’s the average rental cost in Hazard, KY?
The average rental price in Hazard is $790.
What is the most expensive home in Hazard?
The most expensive home sold in Hazard had a price of $5,592,160.
What is currently the cheapest priced home in Hazard, KY?
The cheapest home for sale in Hazard is priced at $7,466.

Living in Hazard, KY

Hazard, KY is a vibrant community nestled in the Appalachian Mountains, offering a perfect blend of rural charm and urban amenities. It features a low cost of living, family-friendly neighborhoods, and abundant outdoor activities. The city's rich cultural heritage is celebrated through various local events and festivals.

Buyer vs Seller Market in Hazard, KY

The real estate market in Hazard has shown resilience, with steady growth in property values over the past few years. As more people seek affordable housing options, the demand for homes is on the rise, creating a competitive market for buyers.

Despite fluctuations, Hazard's real estate market remains stable, with a diverse range of home styles and price points. The community's commitment to redevelopment and revitalization enhances the attractiveness of investing in local real estate.

Home Value Estimator For Hazard, KY

There are currently 3,033 real estate properties in Hazard, KY, with a median automated valuation model (AVM) price of $107,338.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hazard, 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 Hazard, KY, is $142,003.00, with the most expensive house in Hazard, KY, topping out at $5,592,160.00 and the cheapest home in Hazard, KY, clocking in at $7,466.00. In other words, there’s something for every potential homebuyer or savvy investor in Hazard, KY!

Rent Prices In Hazard, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hazard, KY, is on a rollercoaster ride. The average rent price in Hazard, KY, is $790.00. Indeed, when looking to rent in Hazard, KY, you can expect to pay as little as $410.00 or as much as $1,740.00, with the average rent median estimated to be $710.00. The good news is that finding an affordable and desirable property to rent in Hazard, 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.

Cheap Homes in Hazard, KY


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