Hope, KY Foreclosures
How much do homes sell for in Hope, KY?
The average home price is currently $189,422.
What’s the average rental cost in Hope, KY?
The average rental price in Hope is $848.
What is the most expensive home in Hope?
The most expensive home sold in Hope had a price of $762,106.
What is currently the cheapest priced home in Hope, KY?
The cheapest home for sale in Hope is priced at $47,917.
Living in Hope, KY
Hope, KY is a serene small town offering a friendly atmosphere and rural charm. It has essential amenities, outdoor activities, and strong educational facilities. This community-oriented location is perfect for those seeking a peaceful lifestyle away from urban stressors.
Current Market Conditions in Hope, KY
Hope, KY, has seen a stable real estate market with homes appreciating steadily over the past few months. The demand for single-family homes has remained consistent, particularly among families looking for spacious properties with yards.
Recent trends indicate an increasing interest in the area, driven by its affordability and natural beauty. Buyers are particularly attracted to the low inventory levels that make the competition less intense than in urban areas.
Home Value Estimator For Hope, KY
There are currently 27 real estate properties
in Hope, KY,
with a median automated valuation model (AVM) price
of $154,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hope, 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 Hope, KY,
is $189,422.00, with the most expensive house
in Hope, KY, topping out
at $762,106.00 and the cheapest home
in Hope, KY,
clocking in at $47,917.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hope, KY!
Rent Prices
In Hope, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hope, KY, is on
a rollercoaster ride. The
average rent price in Hope, KY,
is $848.00. Indeed, when looking to rent in
Hope, KY, you can expect to pay as little
as $570.00 or as much
as $1,240.00,
with the average rent median estimated to
be $820.00. The good news is that finding
an affordable and desirable property to rent in Hope, 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
