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Foreclosure Homes in Central City, KY

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E-broad-st-Central-city-KY-42330
Foreclosure
$116,000 List Price

E Broad St
Central City, KY 42330

4 Bed | 2.1 Bath | 1,920 Sq. Ft.

Park-st-Central-city-KY-42330
Bankruptcy
$54,485 EMV

Park St
Central City, KY 42330

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Foreclosure Homes in Central City, KY

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


Top Reasons To Live In Central City, KY In 2021

Central City is located in Muhlenberg, Kentucky, with an estimated municipal population of 5,730 residents. All of the best foreclosed homes for sale in Central City are located in the following zip code areas on Foreclosure.com: 42330. The estimated population per square kilometer (.62 miles) in Central City is 422.


Cost Of Living In Central City, KY

So, about how much do homes cost in Central City? The most recent median value of resident-owned homes in Central City is 109,562. An estimated 70.2 percent of households in Central City own their homes, with an average family size of 3.37. The median household income in Central City is 42,400, with12.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Central City, the median commute time of resident workers (in minutes) is 20.9. And last, but certainly not least, are you looking for homes to rent in Central City? If so, the average rent price paid by renters in Central City is 629, according to recent statistics.


Diversity And Demographics In Central City, 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 Central City, 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 Central City is 37.6, split between 44.7 percent male versus 55.3 female. The percentage of residents who report being married in Central City is 51.7, with an average family size of 3.37.

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

White 88.7%
Black / African American 8.1%
Asian 1.2%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2%
Other 0%

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

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

Under 10 12.7%
Aged 10-19 14.9%
20s 11%
30s 13.5%
40s 15.5%
50s 8.3%
60s 10.9%
70s 8.8%
80+ 4.5%

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


Pros And Cons Of Living In Central City, Kentucky

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

  • 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 Central City.


Reasons To Move To Central City, 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 Central City can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Central City, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Central City, KY

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