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Foreclosure Homes in Reed, KY

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Reed, KY Foreclosures

How much do homes sell for in Reed, KY?
The average home price is currently $143,527.
In Reed, KY, how many homes are available?
There are currently 5 active home listings available in Reed.
What’s the average rental cost in Reed, KY?
The average rental price in Reed is $847.
What is the most expensive home in Reed?
The most expensive home sold in Reed had a price of $1,419,354.
What is currently the cheapest priced home in Reed, KY?
The cheapest home for sale in Reed is priced at $10,059.

Living in Reed, KY

Reed, KY is a small, peaceful community situated in Webster County, offering a serene rural lifestyle. The welcoming atmosphere and accessible amenities make it a great choice for families and retirees. With beautiful natural landscapes and community events, it provides a wholesome environment for all.

Current Market Conditions in Reed, KY

The real estate market in Reed, KY, has been experiencing gradual growth in recent years as more families seek out rural living options. Homes typically sell rather quickly due to the limited availability, and buyer interest remains steady due to the affordability of properties compared to urban centers.

Current trends indicate that new developments are on the rise, as the area attracts buyers looking for spacious homes with larger lots. Investors are also beginning to take note of this quiet community, prompting more diverse listings and modernized homes.

Home Value Estimator For Reed, KY

There are currently 285 real estate properties in Reed, KY, with a median automated valuation model (AVM) price of $109,667.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Reed, 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 Reed, KY, is $143,527.00, with the most expensive house in Reed, KY, topping out at $1,419,354.00 and the cheapest home in Reed, KY, clocking in at $10,059.00. In other words, there’s something for every potential homebuyer or savvy investor in Reed, KY!

Rent Prices In Reed, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Reed, KY, is on a rollercoaster ride. The average rent price in Reed, KY, is $847.00. Indeed, when looking to rent in Reed, KY, you can expect to pay as little as $590.00 or as much as $2,020.00, with the average rent median estimated to be $780.00. The good news is that finding an affordable and desirable property to rent in Reed, 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.

Reed, KY Foreclosures


Market Trend for Reed, KY

Total Listings Available: 5

Market Values:

Home Prices from $10,059 to $1,419,354

Average Sales Price: $143,527

Rental Values:

Rental from $590 to $2,020

Average Rent Value: $847 / month

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