Irvine, KY Foreclosures
How much do homes sell for in Irvine, KY?
The average home price is currently $170,691.
In Irvine, KY, how many homes are available?
There are currently 27 active home listings available in Irvine.
What’s the average rental cost in Irvine, KY?
The average rental price in Irvine is $812.
What is the most expensive home in Irvine?
The most expensive home sold in Irvine had a price of $8,751,261.
What is currently the cheapest priced home in Irvine, KY?
The cheapest home for sale in Irvine is priced at $4,330.
Living in Irvine, KY
Irvine is a quaint city located in Estill County, Kentucky, offering a close-knit community feel with a rich historical backdrop. Residents enjoy a variety of local shops, dining options, and outdoor recreational activities surrounded by beautiful natural landscapes. The city’s charm is complemented by its welcoming atmosphere and active community events.
Current Market Conditions in Irvine, KY
Irvine's real estate market has shown consistent growth over the past few years, with an increase in both home sales and property values. Buyers are drawn to the affordable housing options and scenic surroundings, making it a popular choice for families and retirees alike. As more people relocate to smaller towns for a more relaxed lifestyle, Irvine is well-positioned to benefit from this trend.
In recent months, inventory levels have tightened slightly as demand has outpaced supply, leading to multiple bidding situations on well-priced properties. The median home prices have risen, reflecting the area's growing popularity. However, compared to larger urban areas, prices remain relatively affordable.
Home Value Estimator For Irvine, KY
There are currently 4,290 real estate properties
in Irvine, KY,
with a median automated valuation model (AVM) price
of $135,233.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Irvine, 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 Irvine, KY,
is $170,691.00, with the most expensive house
in Irvine, KY, topping out
at $8,751,261.00 and the cheapest home
in Irvine, KY,
clocking in at $4,330.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Irvine, KY!
Rent Prices
In Irvine, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Irvine, KY, is on
a rollercoaster ride. The
average rent price in Irvine, KY,
is $812.00. Indeed, when looking to rent in
Irvine, KY, you can expect to pay as little
as $400.00 or as much
as $2,040.00,
with the average rent median estimated to
be $840.00. The good news is that finding
an affordable and desirable property to rent in Irvine, 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.