Foreclosures in Dry Ridge, KY

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Home Value Estimator For Dry Ridge, KY

There are currently 3,164 real estate properties in Dry Ridge, KY, with a median automated valuation model (AVM) price of $179,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Dry Ridge, 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 Dry Ridge, KY, is $203,382.00, with the most expensive house in Dry Ridge, KY, topping out at $1,935,900.00 and the cheapest home in Dry Ridge, KY, clocking in at $13,920.00. In other words, there’s something for every potential homebuyer or savvy investor in Dry Ridge, KY!

Rent Prices In Dry Ridge, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Dry Ridge, KY, is on a rollercoaster ride. The average rent price in Dry Ridge, KY, is $1,160.00. Indeed, when looking to rent in Dry Ridge, KY, you can expect to pay as little as $500.00 or as much as $2,680.00, with the average rent median estimated to be $1,130.00. The good news is that finding an affordable and desirable property to rent in Dry Ridge, 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 Dry Ridge, KY In 2024

Dry Ridge is located in Grant, Kentucky, with an estimated municipal population of 2,205 residents. All of the best foreclosed homes for sale in Dry Ridge are located in the following zip code areas on 41035. The estimated population per square kilometer (.62 miles) in Dry Ridge is 168.

Cost Of Living In Dry Ridge, KY

So, about how much do homes cost in Dry Ridge? The most recent median value of resident-owned homes in Dry Ridge is 146,318. An estimated 37.3 percent of households in Dry Ridge own their homes, with an average family size of 3.25. The median household income in Dry Ridge is 26,875, with10.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Dry Ridge, the median commute time of resident workers (in minutes) is 28.6. And last, but certainly not least, are you looking for homes to rent in Dry Ridge? If so, the average rent price paid by renters in Dry Ridge is 691, according to recent statistics.

Diversity And Demographics In Dry Ridge, 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 Dry Ridge, 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 Dry Ridge is 30.7, split between 47.6 percent male versus 52.4 female. The percentage of residents who report being married in Dry Ridge is 45.6, with an average family size of 3.25.

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

White 96.3%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.4%
Other 1.3%

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

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

Under 10 22.4%
Aged 10-19 14.1%
20s 12.3%
30s 17.6%
40s 9.2%
50s 8.3%
60s 5.9%
70s 7.1%
80+ 3%

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

Pros And Cons Of Living In Dry Ridge, Kentucky

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

  • 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 Dry Ridge.

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

Dry Ridge, KY Foreclosures


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