Pikeville, KY Foreclosures
How much do homes sell for in Pikeville, KY?
The average home price is currently $167,232.
In Pikeville, KY, how many homes are available?
There are currently 51 active home listings available in Pikeville.
What’s the average rental cost in Pikeville, KY?
The average rental price in Pikeville is $790.
What is the most expensive home in Pikeville?
The most expensive home sold in Pikeville had a price of $5,773,462.
What is currently the cheapest priced home in Pikeville, KY?
The cheapest home for sale in Pikeville is priced at $5,959.
Living in Pikeville, KY
Pikeville, KY, is a quaint city surrounded by the beautiful Appalachian Mountains, offering a perfect blend of outdoor adventure and small-town charm. With its rich history, bustling downtown shops and restaurants, and excellent schools, Pikeville is an ideal place for families and individuals alike. The community thrives on its local culture and welcoming atmosphere.
Current Market Conditions in Pikeville, KY
The real estate market in Pikeville, KY, is currently seeing a steady influx of homes being sold, suggesting a vibrant market with active buyers. Recently, the demand for housing has increased due to low interest rates and the appeal of living in a serene, mountainous area, attracting both locals and newcomers to the area.
Prices of homes in Pikeville have shown a modest increase over the past several months, reflecting the ongoing interest in the region. Many first-time homebuyers are entering the market, contributing to a competitive environment, though the area still offers affordable options for those looking to invest.
Home Value Estimator For Pikeville, KY
There are currently 7,188 real estate properties
in Pikeville, KY,
with a median automated valuation model (AVM) price
of $118,100.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Pikeville, 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 Pikeville, KY,
is $167,232.00, with the most expensive house
in Pikeville, KY, topping out
at $5,773,462.00 and the cheapest home
in Pikeville, KY,
clocking in at $5,959.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Pikeville, KY!
Rent Prices
In Pikeville, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Pikeville, KY, is on
a rollercoaster ride. The
average rent price in Pikeville, KY,
is $790.00. Indeed, when looking to rent in
Pikeville, KY, you can expect to pay as little
as $380.00 or as much
as $1,890.00,
with the average rent median estimated to
be $700.00. The good news is that finding
an affordable and desirable property to rent in Pikeville, 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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