There are currently 28 real estate properties in Blackey, KY, with a median automated valuation model (AVM) price of $72,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Blackey, 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 Blackey, KY, is $81,212.00, with the most expensive house in Blackey, KY, topping out at $208,000.00 and the cheapest home in Blackey, KY, clocking in at $26,860.00. In other words, there’s something for every potential homebuyer or savvy investor in Blackey, KY!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Blackey, KY, is on a rollercoaster ride. The average rent price in Blackey, KY, is $675.00. Indeed, when looking to rent in Blackey, KY, you can expect to pay as little as $500.00 or as much as $960.00, with the average rent median estimated to be $640.00. The good news is that finding an affordable and desirable property to rent in Blackey, 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.
Blackey is located in Letcher, Kentucky, with an estimated municipal population of 143 residents. All of the best foreclosed homes for sale in Blackey are located in the following zip code areas on Foreclosure.com: 41804. The estimated population per square kilometer (.62 miles) in Blackey is 126.
So, about how much do homes cost in Blackey? The most recent median value of resident-owned homes in Blackey is 54,247. An estimated 80 percent of households in Blackey own their homes, with an average family size of 2.61. The median household income in Blackey is 22,917, with3.6 percentage of households earning at least $100,000 annually.
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 Blackey, 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 Blackey is 40.7, split between 57.7 percent male versus 42.3 female. The percentage of residents who report being married in Blackey is 54.7, with an average family size of 2.61.
The percentage of residents who report their race in Blackey is as follows:
| White | 99% |
| Black / African American | 0% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 1% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Blackey? Or maybe you are searching for 55+ active adult communities in and/or near Blackey?
The percentage of residents who report their age in Blackey is as follows:
| Under 10 | 10.6% |
| Aged 10-19 | 9.6% |
| 20s | 20.2% |
| 30s | 7.7% |
| 40s | 16.4% |
| 50s | 7.6% |
| 60s | 24% |
| 70s | 0% |
| 80+ | 3.8% |
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 Blackey with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Blackey.
How do you know that living in -- or moving to -- Blackey is right where you need to be? Perhaps you grew up in Blackey or already live nearby; therefore, the decision to buy a home in Blackey is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Blackey 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 Blackey:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Blackey.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Blackey can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Blackey, meanwhile, can field multiple offers from more qualified buyers.
Millions of people receive foreclosure alerts daily, don't miss out.
Video for Foreclosure homes
