Preforeclosure Homes in Lynch, KY

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Top Reasons To Live In Lynch, KY In 2024

Lynch is located in Harlan, Kentucky, with an estimated municipal population of 644 residents. All of the best foreclosed homes for sale in Lynch are located in the following zip code areas on 40855. The estimated population per square kilometer (.62 miles) in Lynch is 830.

Cost Of Living In Lynch, KY

So, about how much do homes cost in Lynch? The most recent median value of resident-owned homes in Lynch is 55,177. An estimated 79.9 percent of households in Lynch own their homes, with an average family size of 2.37. The median household income in Lynch is 38,462, with5.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lynch, the median commute time of resident workers (in minutes) is 27.4. And last, but certainly not least, are you looking for homes to rent in Lynch? If so, the average rent price paid by renters in Lynch is 708, according to recent statistics.

Diversity And Demographics In Lynch, 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 Lynch, 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 Lynch is 57.5, split between 49.4 percent male versus 50.6 female. The percentage of residents who report being married in Lynch is 63.4, with an average family size of 2.37.

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

White 83%
Black / African American 14.8%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.2%
Other 0%

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

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

Under 10 7.6%
Aged 10-19 9.5%
20s 3.4%
30s 4.7%
40s 14.3%
50s 14.7%
60s 30.4%
70s 13.4%
80+ 2%

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

Pros And Cons Of Living In Lynch, Kentucky

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

  • 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 Lynch.

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

Lynch, KY Preforeclosure Homes


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