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Foreclosure Homes in Morgantown, KY

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Morgantown, KY Foreclosures

How much do homes sell for in Morgantown, KY?
The average home price is currently $204,535.
In Morgantown, KY, how many homes are available?
There are currently 22 active home listings available in Morgantown.
What’s the average rental cost in Morgantown, KY?
The average rental price in Morgantown is $850.
What is the most expensive home in Morgantown?
The most expensive home sold in Morgantown had a price of $2,545,800.
What is currently the cheapest priced home in Morgantown, KY?
The cheapest home for sale in Morgantown is priced at $15,937.

Living in Morgantown, KY

Morgantown, KY is a charming small town with strong community ties and a tranquil lifestyle. It features beautiful natural surroundings, outdoor recreational opportunities, and a focus on quality education. Residents appreciate the affordability and friendly atmosphere that Morgantown offers.

Current Market Conditions in Morgantown, KY

The real estate market in Morgantown, KY is currently stable, with a balanced mix of homes available for sale. Recent trends indicate a modest increase in home prices, largely due to the growing demand for affordable housing options. Buyers are keen on the appealing lifestyle that comes with living in a slower-paced, family-friendly town.

Inventory levels are relatively low, which has led to competitive bidding in certain neighborhoods where homes are in high demand. Sellers are pricing their homes competitively, and many listings receive multiple offers, prompting quicker sales than in previous years.

Home Value Estimator For Morgantown, KY

There are currently 3,305 real estate properties in Morgantown, KY, with a median automated valuation model (AVM) price of $179,032.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Morgantown, 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 Morgantown, KY, is $204,535.00, with the most expensive house in Morgantown, KY, topping out at $2,545,800.00 and the cheapest home in Morgantown, KY, clocking in at $15,937.00. In other words, there’s something for every potential homebuyer or savvy investor in Morgantown, KY!

Rent Prices In Morgantown, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Morgantown, KY, is on a rollercoaster ride. The average rent price in Morgantown, KY, is $850.00. Indeed, when looking to rent in Morgantown, KY, you can expect to pay as little as $460.00 or as much as $1,940.00, with the average rent median estimated to be $810.00. The good news is that finding an affordable and desirable property to rent in Morgantown, 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.

Morgantown, KY Foreclosures


Market Trend for Morgantown, KY

Total Listings Available: 22

Market Values:

Home Prices from $15,937 to $2,545,800

Average Sales Price: $204,535

Rental Values:

Rental from $460 to $1,940

Average Rent Value: $850 / month

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