Providence, KY Foreclosures
How much do homes sell for in Providence, KY?
The average home price is currently $126,641.
In Providence, KY, how many homes are available?
There are currently 12 active home listings available in Providence.
What’s the average rental cost in Providence, KY?
The average rental price in Providence is $765.
What is the most expensive home in Providence?
The most expensive home sold in Providence had a price of $3,834,740.
What is currently the cheapest priced home in Providence, KY?
The cheapest home for sale in Providence is priced at $5,727.
Living in Providence, KY
Providence, Kentucky is a charming small town known for its friendly community and serene landscapes. Located in Webster County, it offers a peaceful lifestyle with close-knit neighborhoods and a strong sense of local pride. Residents enjoy access to beautiful parks and outdoor activities, making it an ideal place for families and nature enthusiasts.
Current Market Conditions in Providence, KY
The real estate market in Providence, KY has shown a steady growth trend over the past year. The community remains appealing to first-time homebuyers and those looking for peaceful rural living. Homes typically sell quickly, especially those that are well-kept and reasonably priced. Buyers can expect to see a mix of charming historic homes alongside newer constructions, reflecting the town's development.
Currently, there is a balanced market, where the supply of homes is meeting the demand. Prices have been stable, with a slight increase noted in recent months, indicating a healthy interest in the area. The local economy is also on the rise, contributing to positive market conditions.
Home Value Estimator For Providence, KY
There are currently 1,771 real estate properties
in Providence, KY,
with a median automated valuation model (AVM) price
of $88,308.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Providence, 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 Providence, KY,
is $126,641.00, with the most expensive house
in Providence, KY, topping out
at $3,834,740.00 and the cheapest home
in Providence, KY,
clocking in at $5,727.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Providence, KY!
Rent Prices
In Providence, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Providence, KY, is on
a rollercoaster ride. The
average rent price in Providence, KY,
is $765.00. Indeed, when looking to rent in
Providence, KY, you can expect to pay as little
as $430.00 or as much
as $1,900.00,
with the average rent median estimated to
be $710.00. The good news is that finding
an affordable and desirable property to rent in Providence, 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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