Petersburg, KY Foreclosures
How much do homes sell for in Petersburg, KY?
The average home price is currently $347,078.
In Petersburg, KY, how many homes are available?
There are currently 1 active home listings available in Petersburg.
What’s the average rental cost in Petersburg, KY?
The average rental price in Petersburg is $1,407.
What is the most expensive home in Petersburg?
The most expensive home sold in Petersburg had a price of $4,542,582.
What is currently the cheapest priced home in Petersburg, KY?
The cheapest home for sale in Petersburg is priced at $25,218.
Living in Petersburg, KY
Petersburg, KY is a serene village that offers a blend of small-town charm and accessibility to urban conveniences. With a friendly atmosphere, picturesque landscapes, and quality schools, it's a great place to live for families and retirees alike. The community boasts local parks and recreational activities, making it perfect for outdoor enthusiasts.
Current Market Conditions in Petersburg, KY
The real estate market in Petersburg, KY is currently experiencing steady growth, with demand for homes increasing as more people seek the tranquility of small-town living while living near urban amenities. Properties in the area are averaging a stable price, which reflects the increased interest in the region. This has led to a competitive market, especially for families looking to settle in the area.
Overall, the market has shown resilience, with home values trending upward. Investors are taking interest in this emerging market as it offers opportunities for both rental and resale housing. The charming characteristics of Petersburg are attracting buyers from larger cities, contributing to this positive trend.
Home Value Estimator For Petersburg, KY
There are currently 619 real estate properties
in Petersburg, KY,
with a median automated valuation model (AVM) price
of $292,526.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Petersburg, 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 Petersburg, KY,
is $347,078.00, with the most expensive house
in Petersburg, KY, topping out
at $4,542,582.00 and the cheapest home
in Petersburg, KY,
clocking in at $25,218.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Petersburg, KY!
Rent Prices
In Petersburg, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Petersburg, KY, is on
a rollercoaster ride. The
average rent price in Petersburg, KY,
is $1,407.00. Indeed, when looking to rent in
Petersburg, KY, you can expect to pay as little
as $560.00 or as much
as $2,900.00,
with the average rent median estimated to
be $1,320.00. The good news is that finding
an affordable and desirable property to rent in Petersburg, 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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