There are currently 403 real estate properties in Flat Lick, KY, with a median automated valuation model (AVM) price of $57,530.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Flat Lick, 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 Flat Lick, KY, is $85,028.00, with the most expensive house in Flat Lick, KY, topping out at $569,988.00 and the cheapest home in Flat Lick, KY, clocking in at $13,070.00. In other words, there’s something for every potential homebuyer or savvy investor in Flat Lick, KY!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Flat Lick, KY, is on a rollercoaster ride. The average rent price in Flat Lick, KY, is $803.00. Indeed, when looking to rent in Flat Lick, KY, you can expect to pay as little as $410.00 or as much as $1,760.00, with the average rent median estimated to be $720.00. The good news is that finding an affordable and desirable property to rent in Flat Lick, 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.
Flat Lick is located in Knox, Kentucky, with an estimated municipal population of 1,072 residents. All of the best foreclosed homes for sale in Flat Lick are located in the following zip code areas on Foreclosure.com: 40935. The estimated population per square kilometer (.62 miles) in Flat Lick is 86.
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 Flat Lick, 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 Flat Lick is 35.5, split between 49.3 percent male versus 50.7 female. The percentage of residents who report being married in Flat Lick is 78.8, with an average family size of 3.62.
The percentage of residents who report their race in Flat Lick is as follows:
White | 100% |
Black / African American | 0% |
Asian | 0% |
American Indian / Alaskan Native | 0% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 0% |
Other | 0% |
Looking for family-friendly neighborhoods in and/or near Flat Lick? Or maybe you are searching for 55+ active adult communities in and/or near Flat Lick?
The percentage of residents who report their age in Flat Lick is as follows:
Under 10 | 21.5% |
Aged 10-19 | 11.9% |
20s | 5% |
30s | 15.8% |
40s | 16.3% |
50s | 11.5% |
60s | 6.3% |
70s | 11.6% |
80+ | 0% |
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 Flat Lick with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Flat Lick.
How do you know that living in -- or moving to -- Flat Lick is right where you need to be? Perhaps you grew up in Flat Lick or already live nearby; therefore, the decision to buy a home in Flat Lick is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Flat Lick 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 Flat Lick:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Flat Lick.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Flat Lick can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Flat Lick, meanwhile, can field multiple offers from more qualified buyers.
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