Living in Paint Lick, KY
Paint Lick, KY is a quaint rural community that combines scenic beauty with a welcoming small-town atmosphere. The area offers excellent educational options and a range of amenities for residents. With its rich culture and strong community spirit, Paint Lick is perfect for families and individuals seeking a peaceful lifestyle.
Current Market Conditions in Paint Lick, KY
The real estate market in Paint Lick is currently stable, with a modest appreciation in home values due to its growing appeal among families and retirees. Properties are competitively priced, offering investors a chance to acquire homes at reasonable rates compared to urban areas.
There is a steady demand for housing in the area, primarily driven by new families relocating for its quality of life and strong community focus. This growth, combined with the scenic landscapes and outdoor recreational opportunities, positions Paint Lick as a favorable market for real estate investment.
Home Value Estimator For Paint Lick, KY
There are currently 686 real estate properties
in Paint Lick, KY,
with a median automated valuation model (AVM) price
of $233,099.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Paint Lick, 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 Paint Lick, KY,
is $248,436.00, with the most expensive house
in Paint Lick, KY, topping out
at $989,827.00 and the cheapest home
in Paint Lick, KY,
clocking in at $11,515.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Paint Lick, KY!
Rent Prices
In Paint Lick, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Paint Lick, KY, is on
a rollercoaster ride. The
average rent price in Paint Lick, KY,
is $1,001.00. Indeed, when looking to rent in
Paint Lick, KY, you can expect to pay as little
as $510.00 or as much
as $1,900.00,
with the average rent median estimated to
be $970.00. The good news is that finding
an affordable and desirable property to rent in Paint Lick, 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.
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