Foreclosure Homes in Oak Grove, KY

Current Market Conditions in Oak Grove, KY

The real estate market in Oak Grove has shown steady growth over the past year, with an increase in home values fueled by its proximity to Fort Campbell. The demand for housing continues to rise as new developments are attracting more families, making Oak Grove an appealing choice for homebuyers looking for value and opportunity.

As of late 2023, Oak Grove's real estate market is exhibiting signs of stabilization, with more balanced inventory levels and a slight decrease in bidding wars, making it a favorable time for prospective buyers. Various new construction projects are ongoing, indicating continued investment in the city.

Rent Prices In Oak Grove, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Oak Grove, KY, is on a rollercoaster ride. The average rent price in Oak Grove, KY, is $981.00. Indeed, when looking to rent in Oak Grove, KY, you can expect to pay as little as $540.00 or as much as $2,200.00, with the average rent median estimated to be $980.00. The good news is that finding an affordable and desirable property to rent in Oak Grove, 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.