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Foreclosure Homes in Raceland, KY

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Raceland, KY Foreclosures

How much do homes sell for in Raceland, KY?
The average home price is currently $146,442.
In Raceland, KY, how many homes are available?
There are currently 3 active home listings available in Raceland.
What’s the average rental cost in Raceland, KY?
The average rental price in Raceland is $817.
What is the most expensive home in Raceland?
The most expensive home sold in Raceland had a price of $2,558,262.
What is currently the cheapest priced home in Raceland, KY?
The cheapest home for sale in Raceland is priced at $7,069.

Living in Raceland, KY

Raceland, KY is a charming small town that prides itself on community spirit and a slower pace of life. With access to scenic outdoor spaces and essential amenities, it's an ideal location for families and retirees alike. The local schools and parks contribute to a family-oriented atmosphere, making it a prime place for settling down.

Current Market Conditions in Raceland, KY

The real estate market in Raceland has shown a steady increase in home values, with an influx of young families seeking affordable housing options.

Recent trends indicate a strong demand for single-family homes, with many listings experiencing multiple offers due to low inventory levels. Investors and first-time homebuyers are particularly attracted to the area for its affordability compared to surrounding cities.

As of late, there has been a reported increase in renovation projects within the community, signaling growth and an opportunity for adding value to homes.

Home Value Estimator For Raceland, KY

There are currently 1,117 real estate properties in Raceland, KY, with a median automated valuation model (AVM) price of $129,911.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Raceland, 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 Raceland, KY, is $146,442.00, with the most expensive house in Raceland, KY, topping out at $2,558,262.00 and the cheapest home in Raceland, KY, clocking in at $7,069.00. In other words, there’s something for every potential homebuyer or savvy investor in Raceland, KY!

Rent Prices In Raceland, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Raceland, KY, is on a rollercoaster ride. The average rent price in Raceland, KY, is $817.00. Indeed, when looking to rent in Raceland, KY, you can expect to pay as little as $470.00 or as much as $1,780.00, with the average rent median estimated to be $760.00. The good news is that finding an affordable and desirable property to rent in Raceland, 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.

Raceland, KY Foreclosures

Market Trend for Raceland, KY

Total Listings Available: 3

Market Values:

Home Prices from $7,069 to $2,558,262

Average Sales Price: $146,442

Rental Values:

Rental from $470 to $1,780

Average Rent Value: $817 / month

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