Letcher, KY Foreclosures
How much do homes sell for in Letcher, KY?
The average home price is currently $106,832.
In Letcher, KY, how many homes are available?
There are currently 64 active home listings available in Letcher.
What’s the average rental cost in Letcher, KY?
The average rental price in Letcher is $675.
What is the most expensive home in Letcher?
The most expensive home sold in Letcher had a price of $234,000.
What is currently the cheapest priced home in Letcher, KY?
The cheapest home for sale in Letcher is priced at $60,887.
Living in Letcher, KY
Letcher, KY is a small yet vibrant town set in the beautiful Appalachian region. Known for its friendly community and rich historical roots, Letcher is ideal for outdoor enthusiasts seeking a peaceful lifestyle. With a focus on education and family values, this location offers a welcoming environment for new residents.
Current Market Conditions in Letcher, KY
The Letcher, KY real estate market has seen moderate growth over the past year, with a steady increase in home values driven by both local demand and the appeal of the surrounding natural landscape. As families look for affordable housing options in a tranquil environment, the market remains attractive to new buyers and investors alike.
Moreover, the average days on the market for homes in Letcher have decreased, indicating a competitive landscape as more buyers are drawn to the area's natural beauty and close-knit community feel. This trend suggests a warming market that could lead to further appreciation in property values.
Home Value Estimator For Letcher, KY
There are currently 34 real estate properties
in Letcher, KY,
with a median automated valuation model (AVM) price
of $86,749.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Letcher, 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 Letcher, KY,
is $106,832.00, with the most expensive house
in Letcher, KY, topping out
at $234,000.00 and the cheapest home
in Letcher, KY,
clocking in at $60,887.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Letcher, KY!
Rent Prices
In Letcher, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Letcher, KY, is on
a rollercoaster ride. The
average rent price in Letcher, KY,
is $675.00. Indeed, when looking to rent in
Letcher, KY, you can expect to pay as little
as $400.00 or as much
as $1,130.00,
with the average rent median estimated to
be $620.00. The good news is that finding
an affordable and desirable property to rent in Letcher, 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
