Living in Raven, KY
Raven, KY is a charming small town nestled in the Appalachian mountains, offering a picturesque rural lifestyle's tranquility along with friendly community vibes. Its access to nature and educational facilities makes it appealing for families and individuals alike. Raven is perfect for those who enjoy both relaxation and outdoor adventures.
Current Market Conditions in Raven, KY
The real estate market in Raven, KY has been steadily improving, driven by an increasing interest in rural properties. This shift has led to a moderation of home prices as more buyers seek out the appealing advantages of country living, affordable prices, and the close-knit community that defines Raven.
Currently, the market conditions in Raven indicate a gradual increase in home sales, with several properties seeing multiple offers as new residents deem the area an attractive option for relocation. This trend is expected to continue as the broader trend toward rural living becomes more prevalent.
Home Value Estimator For Raven, KY
There are currently 51 real estate properties
in Raven, KY,
with a median automated valuation model (AVM) price
of $98,029.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Raven, 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 Raven, KY,
is $106,346.00, with the most expensive house
in Raven, KY, topping out
at $282,182.00 and the cheapest home
in Raven, KY,
clocking in at $55,839.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Raven, KY!
Rent Prices
In Raven, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Raven, KY, is on
a rollercoaster ride. The
average rent price in Raven, KY,
is $705.00. Indeed, when looking to rent in
Raven, KY, you can expect to pay as little
as $500.00 or as much
as $1,410.00,
with the average rent median estimated to
be $680.00. The good news is that finding
an affordable and desirable property to rent in Raven, 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.
Learn more on Foreclosure homes
