Lynch, KY Foreclosures
How much do homes sell for in Lynch, KY?
The average home price is currently $75,787.
What’s the average rental cost in Lynch, KY?
The average rental price in Lynch is $770.
What is the most expensive home in Lynch?
The most expensive home sold in Lynch had a price of $238,026.
What is currently the cheapest priced home in Lynch, KY?
The cheapest home for sale in Lynch is priced at $10,760.
Living in Lynch, KY
Lynch, Kentucky, located in Harlan County, is a small town known for its rich coal mining history and beautiful natural surroundings. This quaint community offers residents a tight-knit atmosphere, where neighbors know each other and local businesses thrive. The area is surrounded by the stunning Appalachian Mountains, providing residents with ample opportunities for outdoor adventures such as hiking and fishing.
Current Market Conditions in Lynch, KY
The real estate market in Lynch, KY, has remained stable, reflecting a slow but steady growth in property values as interest in the region's natural beauty and historical significance increases. Properties are available at various price points, attracting both new homeowners and investors seeking rental opportunities. The community's affordability continues to make it an attractive destination for those looking to escape urban living while still enjoying essential amenities nearby.
Interest in rural living has surged in recent years, contributing to a decrease in inventory as buyers seek homes in smaller towns like Lynch. This has led to increased competition for available properties, resulting in some prices rising to meet market demand. However, the area still boasts many affordable options, especially compared to urban centers.
Home Value Estimator For Lynch, KY
There are currently 341 real estate properties
in Lynch, KY,
with a median automated valuation model (AVM) price
of $71,952.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lynch, 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 Lynch, KY,
is $75,787.00, with the most expensive house
in Lynch, KY, topping out
at $238,026.00 and the cheapest home
in Lynch, KY,
clocking in at $10,760.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lynch, KY!
Rent Prices
In Lynch, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lynch, KY, is on
a rollercoaster ride. The
average rent price in Lynch, KY,
is $770.00. Indeed, when looking to rent in
Lynch, KY, you can expect to pay as little
as $620.00 or as much
as $910.00,
with the average rent median estimated to
be $780.00. The good news is that finding
an affordable and desirable property to rent in Lynch, 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
