New Concord, KY Foreclosures
How much do homes sell for in New Concord, KY?
The average home price is currently $224,523.
In New Concord, KY, how many homes are available?
There are currently 1 active home listings available in New Concord.
What’s the average rental cost in New Concord, KY?
The average rental price in New Concord is $1,065.
What is the most expensive home in New Concord?
The most expensive home sold in New Concord had a price of $1,457,591.
What is currently the cheapest priced home in New Concord, KY?
The cheapest home for sale in New Concord is priced at $4,272.
Living in New Concord, KY
New Concord, KY, is a quaint and welcoming community that combines rural charm with modern conveniences. It offers a slower pace of life with a strong sense of community. Residents can enjoy outdoor activities, local events, and quality educational institutions, making it an ideal place for families and individuals looking for a peaceful environment.
Current Market Conditions in New Concord, KY
The current real estate market in New Concord, KY, is characterized by steady growth, with home prices gradually increasing in response to rising demand. The area is becoming increasingly popular among families and retirees who are looking for a quiet place to settle. As inventory levels remain lower, homes are moving quickly off the market, often receiving multiple offers.
Experts predict that the next few years will see continued growth in property values, as new developments begin to take shape and more amenities are introduced. The affordability of homes compared to nearby urban centers remains a significant draw for buyers.
Home Value Estimator For New Concord, KY
There are currently 618 real estate properties
in New Concord, KY,
with a median automated valuation model (AVM) price
of $142,378.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in New Concord, 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 New Concord, KY,
is $224,523.00, with the most expensive house
in New Concord, KY, topping out
at $1,457,591.00 and the cheapest home
in New Concord, KY,
clocking in at $4,272.00. In other words, there’s
something for every potential homebuyer
or savvy investor in New Concord, KY!
Rent Prices
In New Concord, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in New Concord, KY, is on
a rollercoaster ride. The
average rent price in New Concord, KY,
is $1,065.00. Indeed, when looking to rent in
New Concord, KY, you can expect to pay as little
as $460.00 or as much
as $1,980.00,
with the average rent median estimated to
be $970.00. The good news is that finding
an affordable and desirable property to rent in New Concord, 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
