Neon, KY Foreclosures
Current Market Conditions in in Neon, KY As of March 2026?
Over the last month, NEON, KY has experienced a slight uptick in average home sales, with prices seeing an increase of approximately 3%. The demand remains robust as new listings enter the market quickly, indicating a short supply. Homes that are priced accurately tend to receive multiple offers. This trend could reflect a growing interest in the area, possibly due to the increasing appeal of rural living.
How much do homes sell for in Neon, KY?
The average home price is currently $91,945.
In Neon, KY, how many homes are available?
There are currently 1 active home listings available in Neon.
What’s the average rental cost in Neon, KY?
The average rental price in Neon is $800.
What is the most expensive home in Neon?
The most expensive home sold in Neon had a price of $382,831.
What is currently the cheapest priced home in Neon, KY?
The cheapest home for sale in Neon is priced at $13,657.
Living in Neon, KY
NEON, KY, is a picturesque small town surrounded by the Appalachian Mountains. It is perfect for those seeking a peaceful lifestyle while enjoying outdoor activities. The community is tight-knit, supporting local businesses and educational institutions.
Buyer vs Seller Market in Neon, KY
The current real estate market in NEON, KY shows a stable interest in homes, with a gentle rise in home prices over the past six months. New developments on the outskirts are catching the eye of potential buyers looking for affordability and community atmosphere. Properties tend to sell quickly, especially those that are well-maintained and close to schools and parks, indicating a healthy demand for family-oriented homes.
Overall, NEON's housing market remains relatively affordable compared to national averages, offering a range of options for first-time homeowners as well as those interested in investment properties.
Home Value Estimator For Neon, KY
There are currently 134 real estate properties
in Neon, KY,
with a median automated valuation model (AVM) price
of $80,883.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Neon, 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 Neon, KY,
is $91,945.00, with the most expensive house
in Neon, KY, topping out
at $382,831.00 and the cheapest home
in Neon, KY,
clocking in at $13,657.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Neon, KY!
Rent Prices
In Neon, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Neon, KY, is on
a rollercoaster ride. The
average rent price in Neon, KY,
is $800.00. Indeed, when looking to rent in
Neon, KY, you can expect to pay as little
as $490.00 or as much
as $1,740.00,
with the average rent median estimated to
be $720.00. The good news is that finding
an affordable and desirable property to rent in Neon, 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
