Morehead, KY Foreclosures
How much do homes sell for in Morehead, KY?
The average home price is currently $209,890.
In Morehead, KY, how many homes are available?
There are currently 1 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 $41,108,990.
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 vibrant small town offering a unique blend of outdoor activities and community spirit. Nestled in the Appalachian foothills, it is a hub for students and residents alike, featuring Morehead State University and numerous local festivals. With plentiful recreational opportunities and friendly neighborhoods, Morehead is ideal for families and young professionals.
Current Market Conditions in Morehead, KY
The real estate market in Morehead, KY, is stable, with a range of properties for various budgets. As demand increases in the area due to its appealing lifestyle and affordability, home prices are gradually trending upward. Additionally, the presence of Morehead State University attracts young professionals and families, contributing positively to the market.
Recent statistics show a subtle increase in housing prices over the last year, indicating a steady demand for real estate. Homes in Morehead typically remain on the market for a shorter duration compared to the previous year, suggesting an active market driven by buyers looking to invest in a vibrant community.
Home Value Estimator For Morehead, KY
There are currently 7,732 real estate properties
in Morehead, KY,
with a median automated valuation model (AVM) price
of $156,250.00. 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 $209,890.00, with the most expensive house
in Morehead, KY, topping out
at $41,108,990.00 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.
Learn more on Foreclosure homes
