Foreclosures in Barbourville, KY

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Home Value Estimator For Barbourville, KY

There are currently 2,419 real estate properties in Barbourville, KY, with a median automated valuation model (AVM) price of $95,099.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Barbourville, 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 Barbourville, KY, is $112,752.00, with the most expensive house in Barbourville, KY, topping out at $1,303,695.00 and the cheapest home in Barbourville, KY, clocking in at $11,180.00. In other words, there’s something for every potential homebuyer or savvy investor in Barbourville, KY!

Rent Prices In Barbourville, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Barbourville, KY, is on a rollercoaster ride. The average rent price in Barbourville, KY, is $847.00. Indeed, when looking to rent in Barbourville, KY, you can expect to pay as little as $370.00 or as much as $1,800.00, with the average rent median estimated to be $810.00. The good news is that finding an affordable and desirable property to rent in Barbourville, 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.

Top Reasons To Live In Barbourville, KY In 2024

Barbourville is located in Knox, Kentucky, with an estimated municipal population of 3,033 residents. All of the best foreclosed homes for sale in Barbourville are located in the following zip code areas on 40906. The estimated population per square kilometer (.62 miles) in Barbourville is 441.

Cost Of Living In Barbourville, KY

So, about how much do homes cost in Barbourville? The most recent median value of resident-owned homes in Barbourville is 164,221. An estimated 37.8 percent of households in Barbourville own their homes, with an average family size of 2.96. The median household income in Barbourville is 48,750, with30 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Barbourville, the median commute time of resident workers (in minutes) is 19.1. And last, but certainly not least, are you looking for homes to rent in Barbourville? If so, the average rent price paid by renters in Barbourville is 647, according to recent statistics.

Diversity And Demographics In Barbourville, Kentucky

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Barbourville, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Barbourville is 37.1, split between 46.3 percent male versus 53.7 female. The percentage of residents who report being married in Barbourville is 34, with an average family size of 2.96.

The percentage of residents who report their race in Barbourville is as follows:

White 95.2%
Black / African American 3.1%
Asian 0.2%
American Indian / Alaskan Native 0.6%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.7%
Other 0.2%

Looking for family-friendly neighborhoods in and/or near Barbourville? Or maybe you are searching for 55+ active adult communities in and/or near Barbourville?

The percentage of residents who report their age in Barbourville is as follows:

Under 10 6.6%
Aged 10-19 15.3%
20s 23.6%
30s 7.2%
40s 13.1%
50s 6.6%
60s 15.5%
70s 4.4%
80+ 7.7%

Best Schools In Barbourville, Kentucky

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Barbourville with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Barbourville.

Pros And Cons Of Living In Barbourville, Kentucky

How do you know that living in -- or moving to -- Barbourville is right where you need to be? Perhaps you grew up in Barbourville or already live nearby; therefore, the decision to buy a home in Barbourville is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Barbourville for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Barbourville:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Barbourville.

Reasons To Move To Barbourville, Kentucky, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Barbourville can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Barbourville, meanwhile, can field multiple offers from more qualified buyers.

Barbourville, KY Foreclosures


Listing types in Barbourville, KY

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