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Foreclosure Homes in Meally, KY

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Meally, KY Foreclosures

How much do homes sell for in Meally, KY?
The average home price is currently $129,866.
In Meally, KY, how many homes are available?
There are currently 2 active home listings available in Meally.
What’s the average rental cost in Meally, KY?
The average rental price in Meally is $728.
What is the most expensive home in Meally?
The most expensive home sold in Meally had a price of $455,542.
What is currently the cheapest priced home in Meally, KY?
The cheapest home for sale in Meally is priced at $13,973.

Living in Meally, KY

Meally, KY is a charming unincorporated community that offers a peaceful, rural lifestyle surrounded by beautiful landscapes. With its close-knit community and access to nature, it is perfect for families and those seeking tranquility. The area boasts essential local amenities and a commitment to education, making it an ideal place to call home.

Current Market Conditions in Meally, KY

The current real estate market in Meally, KY is relatively stable with an increase in interest from homebuyers seeking properties in more rural locations. Over the past few months, there has been a noticeable rise in inquiries and visits to properties, indicating a growing trend towards rural living as individuals seek to escape crowded urban environments. However, the market remains affordable, making it an appealing option for first-time homebuyers as well.

Home values in Meally have shown a modest increase over the past year, reflecting a broader trend seen across Kentucky where rural areas are becoming more desirable. As more people consider relocating, especially after the pandemic, there's been a shift in demand toward homes that offer more space and a connection to nature. Real estate agents note that homes in the area are selling at competitive prices with attractive financing options available.

Home Value Estimator For Meally, KY

There are currently 170 real estate properties in Meally, KY, with a median automated valuation model (AVM) price of $120,748.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Meally, 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 Meally, KY, is $129,866.00, with the most expensive house in Meally, KY, topping out at $455,542.00 and the cheapest home in Meally, KY, clocking in at $13,973.00. In other words, there’s something for every potential homebuyer or savvy investor in Meally, KY!

Rent Prices In Meally, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Meally, KY, is on a rollercoaster ride. The average rent price in Meally, KY, is $728.00. Indeed, when looking to rent in Meally, KY, you can expect to pay as little as $500.00 or as much as $1,250.00, with the average rent median estimated to be $670.00. The good news is that finding an affordable and desirable property to rent in Meally, 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.

Meally, KY Foreclosures


Market Trend for Meally, KY

Total Listings Available: 2

Market Values:

Home Prices from $13,973 to $455,542

Average Sales Price: $129,866

Rental Values:

Rental from $500 to $1,250

Average Rent Value: $728 / month

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