Ransom, KY Foreclosures
Current Market Conditions in in Ransom, KY As of March 2026?
In the past month, the real estate market in Ransom has continued to trend positively with properties selling at an increased pace. More buyers are entering the market, motivated by favorable mortgage rates and the desire for residences that provide more space. Several homes have sold above asking price, indicating an upward trend in demand and valuation. Buyers are encouraged to act quickly given the limited number of listings available.
How much do homes sell for in Ransom, KY?
The average home price is currently $106,684.
In Ransom, KY, how many homes are available?
There are currently 2 active home listings available in Ransom.
What’s the average rental cost in Ransom, KY?
The average rental price in Ransom is $695.
What is the most expensive home in Ransom?
The most expensive home sold in Ransom had a price of $433,781.
What is currently the cheapest priced home in Ransom, KY?
The cheapest home for sale in Ransom is priced at $10,790.
Living in Ransom, KY
Ransom, Kentucky, is a charming small town nestled in the hilly terrain of Eastern Kentucky. Known for its friendly community spirit and picturesque landscapes, Ransom offers a peaceful rural lifestyle while still providing access to nearby amenities. Residents enjoy outdoor recreational activities, making it a great place for families and nature enthusiasts alike.
Buyer vs Seller Market in Ransom, KY
The real estate market in Ransom has seen steady growth over the past year, with a slight increase in home values driven by demand for affordable housing in a serene environment. Many buyers are attracted to the rural lifestyle and the tight-knit community, making it an appealing option for first-time homeowners and retirees alike.
Over the last year, there has been a growing interest in properties with large lots and outdoor space, reflecting a shift towards seeking homes that provide a greater quality of life and connection to nature. With limited inventory of homes, the market remains competitive, with some homes receiving multiple offers.
Home Value Estimator For Ransom, KY
There are currently 213 real estate properties
in Ransom, KY,
with a median automated valuation model (AVM) price
of $100,359.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ransom, 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 Ransom, KY,
is $106,684.00, with the most expensive house
in Ransom, KY, topping out
at $433,781.00 and the cheapest home
in Ransom, KY,
clocking in at $10,790.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ransom, KY!
Rent Prices
In Ransom, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ransom, KY, is on
a rollercoaster ride. The
average rent price in Ransom, KY,
is $695.00. Indeed, when looking to rent in
Ransom, KY, you can expect to pay as little
as $390.00 or as much
as $1,100.00,
with the average rent median estimated to
be $660.00. The good news is that finding
an affordable and desirable property to rent in Ransom, 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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