Hazard, KY Foreclosures
How much do homes sell for in Hazard, KY?
The average home price is currently $144,005.
In Hazard, KY, how many homes are available?
There are currently 62 active home listings available in Hazard.
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 $5,683,503.
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 charming small town known for its rich history and beautiful Appalachian landscapes. It offers access to a variety of outdoor activities, local cultural events, and a welcoming community atmosphere. With educational opportunities and essential amenities, Hazard is an ideal spot for those seeking a peaceful lifestyle in a picturesque setting.
Current Market Conditions in Hazard, KY
The real estate market in Hazard, KY has been experiencing steady growth in recent months, driven by an increase in local employment opportunities and the popularity of remote work that has motivated people to seek homes in quieter areas. Inventory levels remain relatively low, making competition among buyers stronger, particularly for family homes and properties with larger plots of land. As a result, home prices have shown a modest uptick, though they remain affordable compared to many urban areas.
In recent months, there has been a noticeable shift in buyer demographics, with an increasing number of individuals and families migrating to Hazard for its affordability and quality of life. This is further fueled by the region's outdoor attractions and community spirit, leading to increased interest in both rental and for-sale properties. Agent reports indicate that well-maintained homes priced appropriately are receiving multiple offers within days of hitting the market.
Home Value Estimator For Hazard, KY
There are currently 2,589 real estate properties
in Hazard, KY,
with a median automated valuation model (AVM) price
of $107,733.00. 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 $144,005.00, with the most expensive house
in Hazard, KY, topping out
at $5,683,503.00 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.
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