There are currently 16,794 real estate properties in Elizabethtown, KY, with a median automated valuation model (AVM) price of $212,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elizabethtown, 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 Elizabethtown, KY, is $233,680.00, with the most expensive house in Elizabethtown, KY, topping out at $18,569,600.00 and the cheapest home in Elizabethtown, KY, clocking in at $9,804.00. In other words, there’s something for every potential homebuyer or savvy investor in Elizabethtown, KY!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elizabethtown, KY, is on a rollercoaster ride. The average rent price in Elizabethtown, KY, is $1,138.00. Indeed, when looking to rent in Elizabethtown, KY, you can expect to pay as little as $430.00 or as much as $2,960.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in Elizabethtown, 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.
Elizabethtown is located in Hardin, Kentucky, with an estimated municipal population of 30,289 residents. All of the best foreclosed homes for sale in Elizabethtown are located in the following zip code areas on Foreclosure.com: 42701 42702. The estimated population per square kilometer (.62 miles) in Elizabethtown is 437.
So, about how much do homes cost in Elizabethtown? The most recent median value of resident-owned homes in Elizabethtown is 178,996. An estimated 44.3 percent of households in Elizabethtown own their homes, with an average family size of 2.94. The median household income in Elizabethtown is 46,754, with19.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Elizabethtown, the median commute time of resident workers (in minutes) is 18.6. And last, but certainly not least, are you looking for homes to rent in Elizabethtown? If so, the average rent price paid by renters in Elizabethtown is 792, 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 Elizabethtown, 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 Elizabethtown is 36.6, split between 47.7 percent male versus 52.3 female. The percentage of residents who report being married in Elizabethtown is 43.8, with an average family size of 2.94.
The percentage of residents who report their race in Elizabethtown is as follows:
| White | 76.5% |
| Black / African American | 11.3% |
| Asian | 4% |
| American Indian / Alaskan Native | 0.2% |
| Native Hawaiian / Other Pacifc Islander | 0.2% |
| Multi-racial | 6.6% |
| Other | 1.3% |
Looking for family-friendly neighborhoods in and/or near Elizabethtown? Or maybe you are searching for 55+ active adult communities in and/or near Elizabethtown?
The percentage of residents who report their age in Elizabethtown is as follows:
| Under 10 | 12.9% |
| Aged 10-19 | 13.1% |
| 20s | 15.3% |
| 30s | 14.9% |
| 40s | 12.6% |
| 50s | 12.6% |
| 60s | 9.1% |
| 70s | 4.9% |
| 80+ | 4.4% |
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 Elizabethtown with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Elizabethtown.
How do you know that living in -- or moving to -- Elizabethtown is right where you need to be? Perhaps you grew up in Elizabethtown or already live nearby; therefore, the decision to buy a home in Elizabethtown is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Elizabethtown 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 Elizabethtown:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Elizabethtown.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Elizabethtown can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Elizabethtown, meanwhile, can field multiple offers from more qualified buyers.
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