Slemp, KY Foreclosures
How much do homes sell for in Slemp, KY?
The average home price is currently $97,531.
In Slemp, KY, how many homes are available?
There are currently 2 active home listings available in Slemp.
What’s the average rental cost in Slemp, KY?
The average rental price in Slemp is $696.
What is the most expensive home in Slemp?
The most expensive home sold in Slemp had a price of $684,800.
What is currently the cheapest priced home in Slemp, KY?
The cheapest home for sale in Slemp is priced at $8,163.
Living in Slemp, KY
Slemp, KY, is a quaint community nestled in the Appalachian region, offering a relaxed lifestyle surrounded by stunning natural beauty. It features access to outdoor recreational activities along with basic amenities to cater to residents' daily needs. Its warm community vibes and proximity to larger towns make it a desirable place to live.
Current Market Conditions in Slemp, KY
The current real estate market in Slemp is fairly stable, with a good balance between supply and demand. The affordability of homes makes it attractive for first-time buyers, as well as investors looking for rental opportunities. As more people seek refuge in less populated areas, demand for housing in Slemp is expected to grow, particularly among those desiring a slower pace of life.
In recent months, we have observed an increase in home prices due to a surge in interest from out-of-town buyers, seeking the tranquility of rural living coupled with the beauty of the Kentucky landscape. This has led to a competitive market with homes selling relatively quickly. Real estate agents report that well-maintained homes tend to receive multiple offers.
Home Value Estimator For Slemp, KY
There are currently 72 real estate properties
in Slemp, KY,
with a median automated valuation model (AVM) price
of $87,931.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Slemp, 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 Slemp, KY,
is $97,531.00, with the most expensive house
in Slemp, KY, topping out
at $684,800.00 and the cheapest home
in Slemp, KY,
clocking in at $8,163.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Slemp, KY!
Rent Prices
In Slemp, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Slemp, KY, is on
a rollercoaster ride. The
average rent price in Slemp, KY,
is $696.00. Indeed, when looking to rent in
Slemp, KY, you can expect to pay as little
as $470.00 or as much
as $860.00,
with the average rent median estimated to
be $720.00. The good news is that finding
an affordable and desirable property to rent in Slemp, 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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