Holmes Mill, KY Foreclosures
How much do homes sell for in Holmes Mill, KY?
The average home price is currently $79,593.
What’s the average rental cost in Holmes Mill, KY?
The average rental price in Holmes Mill is $741.
What is the most expensive home in Holmes Mill?
The most expensive home sold in Holmes Mill had a price of $178,850.
What is currently the cheapest priced home in Holmes Mill, KY?
The cheapest home for sale in Holmes Mill is priced at $15,896.
Living in Holmes Mill, KY
Holmes Mill, Kentucky is a charming small community with a friendly atmosphere and beautiful natural surroundings. The area offers a peaceful lifestyle, making it ideal for families and individuals who appreciate a rural setting. Convenient access to larger neighboring towns provides residents with various amenities while enjoying the tranquility of small-town living.
Current Market Conditions in Holmes Mill, KY
The real estate market in Holmes Mill has maintained a stable trend over the past few months, with home prices showing slight appreciation. The demand for homes in rural Kentucky is slowly increasing as more people seek out quieter living conditions, leading to a more competitive market.
Recent reports indicate a growing interest in the area, especially among families and retirees looking for affordable housing options. This increase in demand has resulted in faster sales times and a decrease in inventory, making it essential for potential buyers to act quickly.
Home Value Estimator For Holmes Mill, KY
There are currently 45 real estate properties
in Holmes Mill, KY,
with a median automated valuation model (AVM) price
of $73,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Holmes Mill, 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 Holmes Mill, KY,
is $79,593.00, with the most expensive house
in Holmes Mill, KY, topping out
at $178,850.00 and the cheapest home
in Holmes Mill, KY,
clocking in at $15,896.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Holmes Mill, KY!
Rent Prices
In Holmes Mill, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Holmes Mill, KY, is on
a rollercoaster ride. The
average rent price in Holmes Mill, KY,
is $741.00. Indeed, when looking to rent in
Holmes Mill, KY, you can expect to pay as little
as $500.00 or as much
as $910.00,
with the average rent median estimated to
be $750.00. The good news is that finding
an affordable and desirable property to rent in Holmes Mill, 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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