Millwood, KY Foreclosures
How much do homes sell for in Millwood, KY?
The average home price is currently $205,426.
What’s the average rental cost in Millwood, KY?
The average rental price in Millwood is $918.
What is the most expensive home in Millwood?
The most expensive home sold in Millwood had a price of $1,001,126.
What is currently the cheapest priced home in Millwood, KY?
The cheapest home for sale in Millwood is priced at $29,800.
Living in Millwood, KY
Millwood, KY, offers a peaceful rural lifestyle enveloped by nature, perfect for those seeking serenity and community. With various outdoor activities and essential amenities, this town presents an excellent opportunity for families and individuals alike. The charming atmosphere and friendly locals create a welcoming environment.
Current Market Conditions in Millwood, KY
Millwood's real estate market is currently in a favorable position for buyers, with an increasing number of homes entering the market. The average home price has stabilized over the last few months, suggesting a balanced market. Local interest in homes for sale has remained strong, fueled by the appeal of rural living and reasonably priced properties.
In recent months, there has been a notable rise in the number of young families relocating to Millwood, drawn by its excellent school district and family-friendly environment. The demand for homes is slightly outpacing supply, leading to competitive offers on well-maintained properties. Overall, the trend indicates a recovering and strengthening local real estate market.
Home Value Estimator For Millwood, KY
There are currently 128 real estate properties
in Millwood, KY,
with a median automated valuation model (AVM) price
of $130,174.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Millwood, 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 Millwood, KY,
is $205,426.00, with the most expensive house
in Millwood, KY, topping out
at $1,001,126.00 and the cheapest home
in Millwood, KY,
clocking in at $29,800.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Millwood, KY!
Rent Prices
In Millwood, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Millwood, KY, is on
a rollercoaster ride. The
average rent price in Millwood, KY,
is $918.00. Indeed, when looking to rent in
Millwood, KY, you can expect to pay as little
as $680.00 or as much
as $1,680.00,
with the average rent median estimated to
be $850.00. The good news is that finding
an affordable and desirable property to rent in Millwood, 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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