foreclosure.com

Foreclosure Homes in Phelps, KY

Search within map
Displaying 1 - 5 of 5
 

Phelps, KY Foreclosures

Current Market Conditions in in Phelps, KY As of March 2026?
In the past month, Phelps has seen slight increases in housing prices, driven by an uptick in buyer interest as the weather has improved. More listings are entering the market, but demand remains higher than the supply, leading to competitive offers on desirable properties. Realtors report higher foot traffic during open houses and increased inquiries from potential buyers, indicating a positive shift in market activity.
How much do homes sell for in Phelps, KY?
The average home price is currently $98,687.
In Phelps, KY, how many homes are available?
There are currently 5 active home listings available in Phelps.
What’s the average rental cost in Phelps, KY?
The average rental price in Phelps is $681.
What is the most expensive home in Phelps?
The most expensive home sold in Phelps had a price of $571,101.
What is currently the cheapest priced home in Phelps, KY?
The cheapest home for sale in Phelps is priced at $4,421.

Living in Phelps, KY

Phelps, KY, is a charming small town in the heart of the Appalachian Mountains, known for its breathtaking landscapes and community-oriented lifestyle. With a strong emphasis on family values and outdoor activities, Phelps offers residents a peaceful and secure environment amid nature's beauty. It's the perfect place for those looking to escape the hustle and bustle of city life.

Buyer vs Seller Market in Phelps, KY

The current real estate market in Phelps is experiencing a steady demand for residential properties, owing to its attractive lifestyle and proximity to nature. Home prices have remained relatively stable, with an upward trend reflecting the area's increasing appeal. New listings typically receive considerable interest, especially among families and retirees.

Investors are starting to recognize the potential of Phelps due to the affordability of homes compared to surrounding areas. This trend is expected to continue as more individuals seek a quieter life in a close-knit community.

Home Value Estimator For Phelps, KY

There are currently 775 real estate properties in Phelps, KY, with a median automated valuation model (AVM) price of $88,597.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Phelps, 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 Phelps, KY, is $98,687.00, with the most expensive house in Phelps, KY, topping out at $571,101.00 and the cheapest home in Phelps, KY, clocking in at $4,421.00. In other words, there’s something for every potential homebuyer or savvy investor in Phelps, KY!

Rent Prices In Phelps, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Phelps, KY, is on a rollercoaster ride. The average rent price in Phelps, KY, is $681.00. Indeed, when looking to rent in Phelps, KY, you can expect to pay as little as $380.00 or as much as $1,520.00, with the average rent median estimated to be $650.00. The good news is that finding an affordable and desirable property to rent in Phelps, 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.

Phelps, KY Foreclosures


Market Trend for Phelps, KY

Total Listings Available: 5

Market Values:

Home Prices from $4,421 to $571,101

Average Sales Price: $98,687

Rental Values:

Rental from $380 to $1,520

Average Rent Value: $681 / month

Nearby Zip Codes

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

Equal Housing Opportunity
Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2026. All Rights Reserved.