Mortons Gap, KY Foreclosures
How much do homes sell for in Mortons Gap, KY?
The average home price is currently $103,641.
In Mortons Gap, KY, how many homes are available?
There are currently 193 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 $456,332.
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
Mortons Gap, KY is a charming small town that offers a tranquil lifestyle amidst beautiful natural surroundings. With a strong sense of community and quick access to larger neighboring towns, it's an ideal location for families and individuals alike seeking peace and recreation. Enjoy outdoor activities, friendly neighbors, and a slower pace of life in this lovely Kentucky locale.
Current Market Conditions in Mortons Gap, KY
The real estate market in Mortons Gap has shown resilience, with a steady demand for homes over the past several months. The area attracts a mix of families and retirees looking for affordable housing options and a peaceful living environment. Homes in the vicinity have maintained their value, and the new listings are often met with quick buyer interest, particularly among those seeking a rural lifestyle with modern conveniences.
Interest in Mortons Gap has been notably strong among first-time homebuyers and those looking to escape the fast-paced urban life. The community's charm, combined with the affordability of homes, contributes to a healthy real estate climate. With an increasing number of buyers recognizing the value of this tranquil location, the market trends suggest a potential for steady growth.
Home Value Estimator For Mortons Gap, KY
There are currently 399 real estate properties
in Mortons Gap, KY,
with a median automated valuation model (AVM) price
of $96,400.00. 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 $103,641.00, with the most expensive house
in Mortons Gap, KY, topping out
at $456,332.00 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
