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Land Foreclosures in Phelps, KY

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Phelps, KY Foreclosures

How much do homes sell for in Phelps, KY?
The average home price is currently $94,841.
In Phelps, KY, how many homes are available?
There are currently 1 active home listings available in Phelps.
What’s the average rental cost in Phelps, KY?
The average rental price in Phelps is $680.
What is the most expensive home in Phelps?
The most expensive home sold in Phelps had a price of $577,733.
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 that offers a peaceful lifestyle surrounded by picturesque views of the Appalachian Mountains. The community is close-knit with plenty of opportunities for outdoor recreation. Its rich heritage is reflected in the local culture and cuisine.

Current Market Conditions in Phelps, KY

The real estate market in Phelps is relatively stable, with a steady demand for affordable housing. Homes in this area typically fall within budget-friendly price ranges, making it attractive for first-time buyers and investors alike.

Recent trends show an increased interest in rural living, leading to a slight uptick in home prices as more individuals seek serenity away from urban areas.

Home Value Estimator For Phelps, KY

There are currently 709 real estate properties in Phelps, KY, with a median automated valuation model (AVM) price of $85,000.00. 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 $94,841.00, with the most expensive house in Phelps, KY, topping out at $577,733.00 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 $680.00. 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 Land

Market Trend for Phelps, KY

Total Listings Available: 1

Market Values:

Home Prices from $4,421 to $577,733

Average Sales Price: $94,841

Rental Values:

Rental from $380 to $1,520

Average Rent Value: $680 / month

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