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Foreclosure Homes in Prospect, KY 40059

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Prospect, KY Foreclosures

How much do homes sell for in Prospect, KY?
The average home price is currently $723,581.
In Prospect, KY, how many homes are available?
There are currently 22 active home listings available in Prospect.
What’s the average rental cost in Prospect, KY?
The average rental price in Prospect is $2,422.
What is the most expensive home in Prospect?
The most expensive home sold in Prospect had a price of $105,514,008.
What is currently the cheapest priced home in Prospect, KY?
The cheapest home for sale in Prospect is priced at $16,580.

Living in Prospect, KY

Prospect, KY, offers a charming suburban lifestyle with a strong sense of community and ample recreational spaces. Families appreciate the high-quality education options available, along with easy access to nearby urban amenities. The area is characterized by its natural beauty and dedication to preserving a family-friendly environment.

Current Market Conditions in Prospect, KY

The real estate market in Prospect is currently experiencing a steady appreciation, making it an attractive option for home investors. Demand remains high due to the area's quality schools, scenic parks, and community-oriented lifestyle, which continues to draw families and young professionals looking for a peaceful place to live.

Investors can find a mix of housing options ranging from upscale homes to more affordable properties. The variety in the housing market provides opportunities for both long-term rental investments and quick-flip potential while aligning with trends that showcase sustainable and well-designed living spaces.

Home Value Estimator For Prospect, KY

There are currently 8,478 real estate properties in Prospect, KY, with a median automated valuation model (AVM) price of $611,062.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Prospect, 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 Prospect, KY, is $723,581.00, with the most expensive house in Prospect, KY, topping out at $105,514,008.00 and the cheapest home in Prospect, KY, clocking in at $16,580.00. In other words, there’s something for every potential homebuyer or savvy investor in Prospect, KY!

Rent Prices In Prospect, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Prospect, KY, is on a rollercoaster ride. The average rent price in Prospect, KY, is $2,422.00. Indeed, when looking to rent in Prospect, KY, you can expect to pay as little as $780.00 or as much as $4,280.00, with the average rent median estimated to be $2,420.00. The good news is that finding an affordable and desirable property to rent in Prospect, 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.

Prospect, KY 40059 Foreclosures

Market Trend for Prospect, KY

Total Listings Available: 22

Market Values:

Home Prices from $16,580 to $105,514,008

Average Sales Price: $723,581

Rental Values:

Rental from $780 to $4,280

Average Rent Value: $2,422 / month

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