Mortons Gap, KY Foreclosures
How much do homes sell for in Mortons Gap, KY?
The average home price is currently $107,234.
In Mortons Gap, KY, how many homes are available?
There are currently 201 active home listings available in Mortons Gap.
What’s the average rental cost in Mortons Gap, KY?
The average rental price in Mortons Gap is $791.
What is the most expensive home in Mortons Gap?
The most expensive home sold in Mortons Gap had a price of $445,824.
What is currently the cheapest priced home in Mortons Gap, KY?
The cheapest home for sale in Mortons Gap is priced at $9,754.
Living in Mortons Gap, KY
Nestled in the serene backdrop of western Kentucky, Mortons Gap is a quaint town characterized by its strong community bonds and beautiful natural settings. This small town offers essential amenities while being close to larger cities for additional conveniences. Perfect for families and retirees alike, Mortons Gap is a hidden gem for those seeking a friendly and peaceful place to call home.
Current Market Conditions in Mortons Gap, KY
Mortons Gap has seen a steady interest in its housing market due to its appeal for affordability and tranquility. As of now, homes in the area are relatively affordable compared to larger urban settings, attracting first-time buyers and families looking for a quieter lifestyle. With new developments occasionally popping up, the market shows signs of gradual growth, indicating that Mortons Gap is becoming a desirable place to live.
The recent trend in remote work has also benefitted the real estate market here, as more people look for homes in peaceful areas with good internet connectivity. The combination of affordable housing, community spirit, and proximity to larger cities makes Mortons Gap an appealing locale.
Home Value Estimator For Mortons Gap, KY
There are currently 400 real estate properties
in Mortons Gap, KY,
with a median automated valuation model (AVM) price
of $101,324.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mortons Gap, 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 Mortons Gap, KY,
is $107,234.00, with the most expensive house
in Mortons Gap, KY, topping out
at $445,824.00 and the cheapest home
in Mortons Gap, KY,
clocking in at $9,754.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mortons Gap, KY!
Rent Prices
In Mortons Gap, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mortons Gap, KY, is on
a rollercoaster ride. The
average rent price in Mortons Gap, KY,
is $791.00. Indeed, when looking to rent in
Mortons Gap, KY, you can expect to pay as little
as $400.00 or as much
as $1,680.00,
with the average rent median estimated to
be $770.00. The good news is that finding
an affordable and desirable property to rent in Mortons Gap, 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
