Salt Lick, KY Foreclosures
How much do homes sell for in Salt Lick, KY?
The average home price is currently $136,671.
In Salt Lick, KY, how many homes are available?
There are currently 7 active home listings available in Salt Lick.
What’s the average rental cost in Salt Lick, KY?
The average rental price in Salt Lick is $810.
What is the most expensive home in Salt Lick?
The most expensive home sold in Salt Lick had a price of $1,051,313.
What is currently the cheapest priced home in Salt Lick, KY?
The cheapest home for sale in Salt Lick is priced at $10,140.
Living in Salt Lick, KY
Salt Lick, KY is a peaceful rural town perfect for families seeking a cozy community lifestyle. The area is surrounded by natural beauty and offers essential amenities. With a rich local history and engaging community events, Salt Lick is a hidden gem in the heart of Kentucky.
Current Market Conditions in Salt Lick, KY
Salt Lick's real estate market is stable, remaining steady over the past few months. Home prices have seen slight fluctuations, but overall the market remains affordable for buyers interested in the area. The demand for homes, particularly from families looking for a peaceful, rural setting, continues to grow.
Investors are noting an increase in interest in rural properties in Kentucky, including Salt Lick. Many new residents are drawn to the area for its affordability compared to larger cities. The market is currently favorable for both buyers and sellers, with various homes available at attractive price points.
Home Value Estimator For Salt Lick, KY
There are currently 709 real estate properties
in Salt Lick, KY,
with a median automated valuation model (AVM) price
of $113,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Salt Lick, 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 Salt Lick, KY,
is $136,671.00, with the most expensive house
in Salt Lick, KY, topping out
at $1,051,313.00 and the cheapest home
in Salt Lick, KY,
clocking in at $10,140.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Salt Lick, KY!
Rent Prices
In Salt Lick, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Salt Lick, KY, is on
a rollercoaster ride. The
average rent price in Salt Lick, KY,
is $810.00. Indeed, when looking to rent in
Salt Lick, KY, you can expect to pay as little
as $420.00 or as much
as $1,590.00,
with the average rent median estimated to
be $760.00. The good news is that finding
an affordable and desirable property to rent in Salt Lick, 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.