There are currently 31,677 real estate properties in Bowling Green, KY, with a median automated valuation model (AVM) price of $207,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bowling Green, 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 Bowling Green, KY, is $237,433.00, with the most expensive house in Bowling Green, KY, topping out at $8,000,000.00 and the cheapest home in Bowling Green, KY, clocking in at $12,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Bowling Green, KY!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bowling Green, KY, is on a rollercoaster ride. The average rent price in Bowling Green, KY, is $1,228.00. Indeed, when looking to rent in Bowling Green, KY, you can expect to pay as little as $450.00 or as much as $2,900.00, with the average rent median estimated to be $1,190.00. The good news is that finding an affordable and desirable property to rent in Bowling Green, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Bowling Green, KY area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Bowling Green, KY and much more. Save thousands at closing with home foreclosure listings in Bowling Green, KY — up to 75% off market value!
Bowling Green is located in Warren, Kentucky, with an estimated municipal population of 70,543 residents. All of the best foreclosed homes for sale in Bowling Green are located in the following zip code areas on Foreclosure.com: 42104 42102 42103 42101. The estimated population per square kilometer (.62 miles) in Bowling Green is 690.
So, about how much do homes cost in Bowling Green? The most recent median value of resident-owned homes in Bowling Green is 159,100. An estimated 38.8 percent of households in Bowling Green own their homes, with an average family size of 3.1. The median household income in Bowling Green is 42,216, with15 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Bowling Green, the median commute time of resident workers (in minutes) is 18.1. And last, but certainly not least, are you looking for homes to rent in Bowling Green? If so, the average rent price paid by renters in Bowling Green is 778, according to recent statistics.
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 Bowling Green, 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 Bowling Green is 27, split between 48.3 percent male versus 51.7 female. The percentage of residents who report being married in Bowling Green is 33.5, with an average family size of 3.1.
The percentage of residents who report their race in Bowling Green is as follows:
|Black / African American||12.8%|
|American Indian / Alaskan Native||0.2%|
|Native Hawaiian / Other Pacifc Islander||0.6%|
Looking for family-friendly neighborhoods in and/or near Bowling Green? Or maybe you are searching for 55+ active adult communities in and/or near Bowling Green?
The percentage of residents who report their age in Bowling Green is as follows:
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 Bowling Green with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Bowling Green.
How do you know that living in -- or moving to -- Bowling Green is right where you need to be? Perhaps you grew up in Bowling Green or already live nearby; therefore, the decision to buy a home in Bowling Green is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Bowling Green 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 Bowling Green:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Bowling Green.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Bowling Green can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Bowling Green, meanwhile, can field multiple offers from more qualified buyers.