Buying city property has tremendous potential because you have the opportunity to turn a neglected eyesore into a real estate gem … at a fraction of the cost. Click on a listing below to begin search for city-owned properties for sale in your area. Don't overpay for your next home in Van Lear, KY. There are 6 discounted homes for sale in Van Lear, KY we think you'll love.
Van Lear, Kentucky is a small, friendly community known for its rich coal mining history and strong sense of local pride. Nestled in Johnson County, it offers a peaceful rural lifestyle with close-knit neighborhoods. Residents enjoy easy access to local parks and recreational activities that celebrate the natural beauty of the area.
There are currently 686 real estate properties in Van Lear, KY, with a median automated valuation model (AVM) price of $111,621.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Van Lear, 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 Van Lear, KY, is $133,323.00, with the most expensive house in Van Lear, KY, topping out at $653,838.00 and the cheapest home in Van Lear, KY, clocking in at $10,053.00. In other words, there’s something for every potential homebuyer or savvy investor in Van Lear, KY!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Van Lear, KY, is on a rollercoaster ride. The average rent price in Van Lear, KY, is $739.00. Indeed, when looking to rent in Van Lear, KY, you can expect to pay as little as $380.00 or as much as $1,780.00, with the average rent median estimated to be $710.00. The good news is that finding an affordable and desirable property to rent in Van Lear, 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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