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Rent To Own Homes in Bromley, KY

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Shelby-st-Bromley-KY-41016
Preforeclosure
$47,515 EMV

Shelby St
Bromley, KY 41016

| 1 Bath | 880 Sq. Ft.

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Home Value Estimator For Bromley, KY

There are currently 292 real estate properties in Bromley, KY, with a median automated valuation model (AVM) price of $112,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bromley, 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 Bromley, KY, is $126,907.00, with the most expensive house in Bromley, KY, topping out at $501,500.00 and the cheapest home in Bromley, KY, clocking in at $20,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Bromley, KY!


Rent Prices In Bromley, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bromley, KY, is on a rollercoaster ride. The average rent price in Bromley, KY, is $904.00. Indeed, when looking to rent in Bromley, KY, you can expect to pay as little as $480.00 or as much as $2,250.00, with the average rent median estimated to be $870.00. The good news is that finding an affordable and desirable property to rent in Bromley, 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.


Foreclosure Homes in Bromley, KY

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Bromley, KY area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Bromley, KY and much more. Save thousands at closing with home foreclosure listings in Bromley, KY — up to 75% off market value!


Top Reasons To Live In Bromley, KY In 2021

Bromley is located in Kenton, Kentucky, with an estimated municipal population of 797 residents. All of the best foreclosed homes for sale in Bromley are located in the following zip code areas on Foreclosure.com: 41017 41016. The estimated population per square kilometer (.62 miles) in Bromley is 820.


Cost Of Living In Bromley, KY

So, about how much do homes cost in Bromley? The most recent median value of resident-owned homes in Bromley is 87,336. An estimated 62.5 percent of households in Bromley own their homes, with an average family size of 3.58. The median household income in Bromley is 42,404, with8.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Bromley, the median commute time of resident workers (in minutes) is 22.4. And last, but certainly not least, are you looking for homes to rent in Bromley? If so, the average rent price paid by renters in Bromley is 679, according to recent statistics.


Diversity And Demographics In Bromley, 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 Bromley, 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 Bromley is 34.6, split between 53.6 percent male versus 46.4 female. The percentage of residents who report being married in Bromley is 34.7, with an average family size of 3.58.

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

White 94.1%
Black / African American 3%
Asian 0%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.6%
Other 1%

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

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

Under 10 19.5%
Aged 10-19 12.5%
20s 9.1%
30s 18.4%
40s 13.4%
50s 13.2%
60s 9.9%
70s 2.1%
80+ 2%

Best Schools In Bromley, 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 Bromley with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Bromley.


Pros And Cons Of Living In Bromley, Kentucky

How do you know that living in -- or moving to -- Bromley is right where you need to be? Perhaps you grew up in Bromley or already live nearby; therefore, the decision to buy a home in Bromley is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Bromley 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 Bromley:

  • 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 Bromley.


Reasons To Move To Bromley, Kentucky, In 2021

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

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Listing types in Bromley, KY

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