Sassafras, KY Foreclosures
How much do homes sell for in Sassafras, KY?
The average home price is currently $112,780.
In Sassafras, KY, how many homes are available?
There are currently 3 active home listings available in Sassafras.
What’s the average rental cost in Sassafras, KY?
The average rental price in Sassafras is $729.
What is the most expensive home in Sassafras?
The most expensive home sold in Sassafras had a price of $301,615.
What is currently the cheapest priced home in Sassafras, KY?
The cheapest home for sale in Sassafras is priced at $29,781.
Living in Sassafras, KY
Sassafras is a quiet rural community in eastern Kentucky that offers a peaceful lifestyle. The area is surrounded by beautiful Appalachian landscapes, making it ideal for nature lovers. Residents enjoy a strong sense of community, with local events that bring neighbors together throughout the year.
Current Market Conditions in Sassafras, KY
The real estate market in Sassafras, KY is currently trending towards stabilization, following a period of rapid increases in home prices. Demand is rising due to the area’s picturesque landscapes and affordable living options, appealing particularly to those seeking a retreat from urban life. As homebuyers discover the charm and natural beauty of Sassafras, it's expected that market interest will continue to grow, making it a potential hotspot for investing.
The past year has seen a steady increase in home sales, with more families relocating to Sassafras for its serene environment and community-oriented lifestyle. The market reflects a balance between buyers interested in personal residences and investors looking for rental properties. Additionally, the limited inventory of homes suggests that prices may continue to rise if demand persists.
Home Value Estimator For Sassafras, KY
There are currently 107 real estate properties
in Sassafras, KY,
with a median automated valuation model (AVM) price
of $95,633.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sassafras, 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 Sassafras, KY,
is $112,780.00, with the most expensive house
in Sassafras, KY, topping out
at $301,615.00 and the cheapest home
in Sassafras, KY,
clocking in at $29,781.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sassafras, KY!
Rent Prices
In Sassafras, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sassafras, KY, is on
a rollercoaster ride. The
average rent price in Sassafras, KY,
is $729.00. Indeed, when looking to rent in
Sassafras, KY, you can expect to pay as little
as $500.00 or as much
as $1,170.00,
with the average rent median estimated to
be $700.00. The good news is that finding
an affordable and desirable property to rent in Sassafras, 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
