Providence, KY Foreclosures
How much do homes sell for in Providence, KY?
The average home price is currently $131,512.
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 $3,830,358.
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, KY, is a picturesque small town that combines the charm of rural living with community spirit. With ample opportunities for outdoor recreation and a family-friendly atmosphere, it’s a great place to call home. The town's range of local amenities makes it ideal for comfortable living in a peaceful setting.
Current Market Conditions in Providence, KY
The real estate market in Providence, KY, has shown steady growth over the past few years. The demand for homes in this area remains strong, fueled by families seeking affordable housing options combined with a quality lifestyle. The prices have gradually increased as more buyers are attracted to the town's amenities and community spirit, leading to limited inventory and rising prices in certain home categories.
Currently, the market is characterized by a healthy balance between buyers and sellers, although homes are selling faster than the overall market average, which reflects the town's growing popularity. As the local economy remains stable and the charm of small-town living continues to appeal to newcomers, experts predict ongoing price appreciation in the near future.
Home Value Estimator For Providence, KY
There are currently 1,835 real estate properties
in Providence, KY,
with a median automated valuation model (AVM) price
of $93,361.00. 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 $131,512.00, with the most expensive house
in Providence, KY, topping out
at $3,830,358.00 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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