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Foreclosure Homes in Morehead, KY

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Morehead, KY Foreclosures

How much do homes sell for in Morehead, KY?
The average home price is currently $212,824.
In Morehead, KY, how many homes are available?
There are currently 24 active home listings available in Morehead.
What’s the average rental cost in Morehead, KY?
The average rental price in Morehead is $963.
What is the most expensive home in Morehead?
The most expensive home sold in Morehead had a price of $41,691,116.
What is currently the cheapest priced home in Morehead, KY?
The cheapest home for sale in Morehead is priced at $10,128.

Living in Morehead, KY

Morehead, KY, is a quaint and welcoming town known for its stunning natural landscapes and proximity to the Daniel Boone National Forest. The town offers a peaceful lifestyle with a strong sense of community, a charming downtown area filled with local businesses, and access to Morehead State University. Residents enjoy outdoor activities and cultural events throughout the year, making it an attractive place to live.

Current Market Conditions in Morehead, KY

The real estate market in Morehead is currently experiencing a steady increase in demand, making it a promising area for potential investors. The average home prices have seen a gradual rise, reflecting the appeal of the community and its amenities.

With the presence of Morehead State University, the local rental market is thriving, catering to students and faculty, driving up rental prices and occupancy rates.

Home Value Estimator For Morehead, KY

There are currently 7,002 real estate properties in Morehead, KY, with a median automated valuation model (AVM) price of $163,275.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Morehead, 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 Morehead, KY, is $212,824.00, with the most expensive house in Morehead, KY, topping out at $41,691,116.00 and the cheapest home in Morehead, KY, clocking in at $10,128.00. In other words, there’s something for every potential homebuyer or savvy investor in Morehead, KY!

Rent Prices In Morehead, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Morehead, KY, is on a rollercoaster ride. The average rent price in Morehead, KY, is $963.00. Indeed, when looking to rent in Morehead, KY, you can expect to pay as little as $420.00 or as much as $2,220.00, with the average rent median estimated to be $920.00. The good news is that finding an affordable and desirable property to rent in Morehead, 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.

Morehead, KY Foreclosures


Market Trend for Morehead, KY

Total Listings Available: 24

Market Values:

Home Prices from $10,128 to $41,691,116

Average Sales Price: $212,824

Rental Values:

Rental from $420 to $2,220

Average Rent Value: $963 / month

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