Living in Ivel, KY
Ivel, KY, is a peaceful rural community in Floyd County known for its scenic landscapes and friendly atmosphere. With essential amenities nearby and a family-oriented environment, it offers a perfect getaway from city life. Outdoor activities abound, making it ideal for nature lovers and families alike.
Current Market Conditions in Ivel, KY
The real estate market in Ivel, KY, is currently favoring buyers, with a variety of properties available at competitive prices. Investors looking for affordable housing options will find a solid selection of homes ranging from older constructions to more modern builds.
As the population grows in nearby urban areas, the demand for properties in Ivel is expected to increase, making it a promising location for long-term investment. New developments and improvements in infrastructure are likely to enhance the area’s appeal, potentially driving property values up in the coming years.
Home Value Estimator For Ivel, KY
There are currently 117 real estate properties
in Ivel, KY,
with a median automated valuation model (AVM) price
of $146,492.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ivel, 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 Ivel, KY,
is $161,893.00, with the most expensive house
in Ivel, KY, topping out
at $405,317.00 and the cheapest home
in Ivel, KY,
clocking in at $9,163.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ivel, KY!
Rent Prices
In Ivel, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ivel, KY, is on
a rollercoaster ride. The
average rent price in Ivel, KY,
is $791.00. Indeed, when looking to rent in
Ivel, KY, you can expect to pay as little
as $500.00 or as much
as $1,360.00,
with the average rent median estimated to
be $730.00. The good news is that finding
an affordable and desirable property to rent in Ivel, 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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