Lick Creek, KY Foreclosures
How much do homes sell for in Lick Creek, KY?
The average home price is currently $97,824.
What’s the average rental cost in Lick Creek, KY?
The average rental price in Lick Creek is $656.
What is the most expensive home in Lick Creek?
The most expensive home sold in Lick Creek had a price of $254,582.
What is currently the cheapest priced home in Lick Creek, KY?
The cheapest home for sale in Lick Creek is priced at $6,794.
Living in Lick Creek, KY
Located in the serene countryside of eastern Kentucky, Lick Creek offers a peaceful, rural lifestyle perfect for families and individuals seeking tranquility. With its close-knit community and picturesque landscapes, residents enjoy a slower pace of life while still having access to essential amenities. The area is rich in natural beauty, with opportunities for outdoor activities such as hiking and fishing along local waterways.
Current Market Conditions in Lick Creek, KY
The real estate market in Lick Creek has been experiencing steady growth over the past year, with an increase in demand for affordable rural homes. The community has become attractive to those looking for second homes or retirement properties, leading to a diverse range of buyers. Despite the relatively small size of the market, homes in Lick Creek are selling quickly as buyers are drawn to the tranquility and outdoor lifestyle that the area offers.
Current trends indicate a preference for larger lots with space for gardening and outdoor activities, reflecting the lifestyle aspirations of new residents. The market typically includes a mix of older homes needing renovations and newly built constructions, appealing to varied tastes and budgets.
Home Value Estimator For Lick Creek, KY
There are currently 84 real estate properties
in Lick Creek, KY,
with a median automated valuation model (AVM) price
of $90,492.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lick Creek, 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 Lick Creek, KY,
is $97,824.00, with the most expensive house
in Lick Creek, KY, topping out
at $254,582.00 and the cheapest home
in Lick Creek, KY,
clocking in at $6,794.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lick Creek, KY!
Rent Prices
In Lick Creek, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lick Creek, KY, is on
a rollercoaster ride. The
average rent price in Lick Creek, KY,
is $656.00. Indeed, when looking to rent in
Lick Creek, KY, you can expect to pay as little
as $500.00 or as much
as $890.00,
with the average rent median estimated to
be $650.00. The good news is that finding
an affordable and desirable property to rent in Lick Creek, 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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