Martin, KY Foreclosures
How much do homes sell for in Martin, KY?
The average home price is currently $107,575.
What’s the average rental cost in Martin, KY?
The average rental price in Martin is $707.
What is the most expensive home in Martin?
The most expensive home sold in Martin had a price of $516,793.
What is currently the cheapest priced home in Martin, KY?
The cheapest home for sale in Martin is priced at $9,183.
Living in Martin, KY
Martin, KY is a charming small town that embodies the spirit of the Appalachian region. Known for its friendly atmosphere and community-oriented lifestyle, it offers a mix of outdoor activities and local amenities. With a strong emphasis on education and family-friendly living, Martin is ideal for those seeking a quieter and more connected way of life.
Current Market Conditions in Martin, KY
The real estate market in Martin, KY remains stable, with a steady influx of new residents drawn to the area's affordability and beauty. Homes in the area are reasonably priced when compared to larger urban centers, making it an attractive market for first-time buyers and those looking for retirement options.
Recent trends indicate a slow but steady increase in property values, with interest in homes demonstrating a consistent demand throughout the year. As more individuals and families look to relocate to smaller towns, investors are also showing interest, driving a positive outlook for the real estate market.
Home Value Estimator For Martin, KY
There are currently 630 real estate properties
in Martin, KY,
with a median automated valuation model (AVM) price
of $91,859.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Martin, 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 Martin, KY,
is $107,575.00, with the most expensive house
in Martin, KY, topping out
at $516,793.00 and the cheapest home
in Martin, KY,
clocking in at $9,183.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Martin, KY!
Rent Prices
In Martin, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Martin, KY, is on
a rollercoaster ride. The
average rent price in Martin, KY,
is $707.00. Indeed, when looking to rent in
Martin, KY, you can expect to pay as little
as $410.00 or as much
as $1,980.00,
with the average rent median estimated to
be $630.00. The good news is that finding
an affordable and desirable property to rent in Martin, 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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