Foreclosure Homes in Prestonsburg, KY 41653

Current Market Conditions in Prestonsburg, KY

The real estate market in Prestonburg shows a steady increase in home valuations, with a noticeable rise in demand as more people seek the area for its affordability and lifestyle. With the influx of new residents, particularly young families, the market is expected to continue its upward trend, indicating a healthy environment for both buyers and sellers.

Currently, home inventory remains relatively balanced, but with the increased demand, home prices are projected to rise in the coming months. Investors are looking at Prestonburg as a viable option due to its promising growth and attractiveness for new residents.

Rent Prices In Prestonsburg, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Prestonsburg, KY, is on a rollercoaster ride. The average rent price in Prestonsburg, KY, is $783.00. Indeed, when looking to rent in Prestonsburg, KY, you can expect to pay as little as $410.00 or as much as $2,120.00, with the average rent median estimated to be $720.00. The good news is that finding an affordable and desirable property to rent in Prestonsburg, 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.