There are currently 2,184 real estate properties in East Bernstadt, KY, with a median automated valuation model (AVM) price of $99,080.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in East Bernstadt, 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 East Bernstadt, KY, is $123,160.00, with the most expensive house in East Bernstadt, KY, topping out at $8,014,292.00 and the cheapest home in East Bernstadt, KY, clocking in at $9,000.00. In other words, there’s something for every potential homebuyer or savvy investor in East Bernstadt, KY!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in East Bernstadt, KY, is on a rollercoaster ride. The average rent price in East Bernstadt, KY, is $862.00. Indeed, when looking to rent in East Bernstadt, KY, you can expect to pay as little as $430.00 or as much as $2,600.00, with the average rent median estimated to be $800.00. The good news is that finding an affordable and desirable property to rent in East Bernstadt, 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.
East Bernstadt is located in Laurel, Kentucky, with an estimated municipal population of 906 residents. All of the best foreclosed homes for sale in East Bernstadt are located in the following zip code areas on Foreclosure.com: 40729. The estimated population per square kilometer (.62 miles) in East Bernstadt is 165.
So, about how much do homes cost in East Bernstadt? The most recent median value of resident-owned homes in East Bernstadt is 57,071. An estimated 64.9 percent of households in East Bernstadt own their homes, with an average family size of 3.2. The median household income in East Bernstadt is 30,536, with9.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in East Bernstadt, the median commute time of resident workers (in minutes) is 20.6. And last, but certainly not least, are you looking for homes to rent in East Bernstadt? If so, the average rent price paid by renters in East Bernstadt is 650, 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 East Bernstadt, 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 East Bernstadt is 38.7, split between 52.5 percent male versus 47.5 female. The percentage of residents who report being married in East Bernstadt is 47.8, with an average family size of 3.2.
The percentage of residents who report their race in East Bernstadt is as follows:
| White | 96.7% |
| Black / African American | 1.7% |
| Asian | 0% |
| American Indian / Alaskan Native | 0.7% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 1% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near East Bernstadt? Or maybe you are searching for 55+ active adult communities in and/or near East Bernstadt?
The percentage of residents who report their age in East Bernstadt is as follows:
| Under 10 | 6.7% |
| Aged 10-19 | 21.9% |
| 20s | 10.7% |
| 30s | 11.9% |
| 40s | 17% |
| 50s | 12.6% |
| 60s | 11.8% |
| 70s | 4.2% |
| 80+ | 3.2% |
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 East Bernstadt with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in East Bernstadt.
How do you know that living in -- or moving to -- East Bernstadt is right where you need to be? Perhaps you grew up in East Bernstadt or already live nearby; therefore, the decision to buy a home in East Bernstadt is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to East Bernstadt 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 East Bernstadt:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like East Bernstadt.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in East Bernstadt can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in East Bernstadt, meanwhile, can field multiple offers from more qualified buyers.
Millions of people receive foreclosure alerts daily, don't miss out.
Video for Foreclosure homes
