West Van Lear, KY Foreclosures
How much do homes sell for in West Van Lear, KY?
The average home price is currently $127,494.
In West Van Lear, KY, how many homes are available?
There are currently 3 active home listings available in West Van Lear.
What’s the average rental cost in West Van Lear, KY?
The average rental price in West Van Lear is $719.
What is the most expensive home in West Van Lear?
The most expensive home sold in West Van Lear had a price of $575,006.
What is currently the cheapest priced home in West Van Lear, KY?
The cheapest home for sale in West Van Lear is priced at $10,709.
Living in West Van Lear, KY
West Van Lear is a small village located in Johnson County, Kentucky, known for its charming Appalachian atmosphere and close-knit community. Residents enjoy the scenic beauty of the region, with opportunities for outdoor activities such as hiking and fishing in the nearby mountains and rivers. The area offers a peaceful, rural lifestyle with a focus on family and community values.
Current Market Conditions in West Van Lear, KY
The real estate market in West Van Lear has seen modest growth over the past year, characterized by increased interest in rural properties as more people seek homes outside urban centers. The median home prices have remained stable, attracting both first-time homebuyers and investors looking for affordable opportunities in a serene setting. Properties in this area often feature larger lots, appealing to those who desire more space and privacy.
Many existing homes are being renovated or updated, indicating a revitalization trend within the community. Additionally, the rural charm of West Van Lear combined with its affordability makes it an attractive choice for those looking to escape the hustle and bustle of city life.
Home Value Estimator For West Van Lear, KY
There are currently 221 real estate properties
in West Van Lear, KY,
with a median automated valuation model (AVM) price
of $117,325.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in West 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 West Van Lear, KY,
is $127,494.00, with the most expensive house
in West Van Lear, KY, topping out
at $575,006.00 and the cheapest home
in West Van Lear, KY,
clocking in at $10,709.00. In other words, there’s
something for every potential homebuyer
or savvy investor in West Van Lear, KY!
Rent Prices
In West Van Lear, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in West Van Lear, KY, is on
a rollercoaster ride. The
average rent price in West Van Lear, KY,
is $719.00. Indeed, when looking to rent in
West Van Lear, KY, you can expect to pay as little
as $410.00 or as much
as $1,350.00,
with the average rent median estimated to
be $720.00. The good news is that finding
an affordable and desirable property to rent in West 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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