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Foreclosures in Morehead, KY 40351

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Morehead, KY Foreclosures

How much do homes sell for in Morehead, KY?
The average home price is currently $207,790.
In Morehead, KY, how many homes are available?
There are currently 21 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 $41,317,584.
What is currently the cheapest priced home in Morehead, KY?
The cheapest home for sale in Morehead is priced at $10,007.

Living in Morehead, KY

Morehead, KY is a quaint town known for its picturesque Appalachian scenery, vibrant local culture, and strong educational institutions. With access to outdoor activities and a friendly community atmosphere, it's an ideal place for families and individuals alike.

Current Market Conditions in Morehead, KY

The real estate market in Morehead, KY is seeing a steady increase in interest due to its attractive lifestyle and affordability compared to larger urban centers. Home prices remain relatively low, making it an appealing option for first-time buyers and investors looking for rental properties in college towns.

With Morehead State University contributing to the local economy and demand for housing, the city is witnessing a gradual increase in property values. The balance of supply and demand remains healthy, providing a stable market for sellers and buyers.

Home Value Estimator For Morehead, KY

There are currently 7,011 real estate properties in Morehead, KY, with a median automated valuation model (AVM) price of $158,000.00. 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 $207,790.00, with the most expensive house in Morehead, KY, topping out at $41,317,584.00 and the cheapest home in Morehead, KY, clocking in at $10,007.00. 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 40351 Foreclosures


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