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Foreclosure Homes in Prestonsburg, KY

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Prestonsburg, KY Foreclosures

How much do homes sell for in Prestonsburg, KY?
The average home price is currently $159,643.
In Prestonsburg, KY, how many homes are available?
There are currently 33 active home listings available in Prestonsburg.
What’s the average rental cost in Prestonsburg, KY?
The average rental price in Prestonsburg is $783.
What is the most expensive home in Prestonsburg?
The most expensive home sold in Prestonsburg had a price of $7,690,940.
What is currently the cheapest priced home in Prestonsburg, KY?
The cheapest home for sale in Prestonsburg is priced at $4,596.

Living in Prestonsburg, KY

Prestonsburg, KY, is a charming town nestled in the Appalachian mountains, offering residents a mix of natural beauty and rich cultural experiences. It's known for its friendly community, educational institutions, and numerous recreational activities. The affordable housing market makes it an attractive location for both families and investors alike.

Current Market Conditions in Prestonsburg, KY

The real estate market in Prestonsburg is currently experiencing a positive trend, with a steady demand for residential properties. Prices remain relatively affordable compared to national averages, making it an ideal location for real estate investors looking for lower entry points.

Additionally, the area has witnessed an increase in new construction and renovations, indicating confidence in economic growth and potential appreciation in property values. The increasing interest from buyers and investors suggests a promising outlook for the local housing market.

Home Value Estimator For Prestonsburg, KY

There are currently 3,078 real estate properties in Prestonsburg, KY, with a median automated valuation model (AVM) price of $123,840.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Prestonsburg, 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 Prestonsburg, KY, is $159,643.00, with the most expensive house in Prestonsburg, KY, topping out at $7,690,940.00 and the cheapest home in Prestonsburg, KY, clocking in at $4,596.00. In other words, there’s something for every potential homebuyer or savvy investor in Prestonsburg, KY!

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.

Prestonsburg, KY Foreclosures

Market Trend for Prestonsburg, KY

Total Listings Available: 33

Market Values:

Home Prices from $4,596 to $7,690,940

Average Sales Price: $159,643

Rental Values:

Rental from $410 to $2,120

Average Rent Value: $783 / month

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