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Rent To Own 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 $209,066.
In Morgantown, KY, how many homes are available?
There are currently 20 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 $2,520,300.
What is currently the cheapest priced home in Morgantown, KY?
The cheapest home for sale in Morgantown is priced at $15,799.

Living in Morgantown, KY

Morgantown, KY is a charming small town nestled in the heart of Butler County, presenting a peaceful lifestyle with a close-knit community feel. Residents enjoy access to beautiful parks and outdoor activities while benefiting from the proximity to larger cities for more extensive services and entertainment. The town boasts a rich cultural scene with events that bring the community together throughout the year.

Current Market Conditions in Morgantown, KY

The Morgantown real estate market has shown steady growth over the past year, driven by an influx of new residents seeking affordable housing options. The demand for homes in this area has led to a slight increase in prices, making it a favorable market for both buyers and sellers.

As of now, the market leans towards a seller's advantage, with a reduction in inventory leading to quicker sales. Homes are selling at a faster pace, often receiving multiple offers, indicating a competitive environment.

Home Value Estimator For Morgantown, KY

There are currently 3,307 real estate properties in Morgantown, KY, with a median automated valuation model (AVM) price of $181,451.00. 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 $209,066.00, with the most expensive house in Morgantown, KY, topping out at $2,520,300.00 and the cheapest home in Morgantown, KY, clocking in at $15,799.00. 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 Rent To Own Homes


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