There are currently 37 real estate properties in Lyndon, KY, with a median automated valuation model (AVM) price of $245,216.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lyndon, 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 Lyndon, KY, is $252,366.00, with the most expensive house in Lyndon, KY, topping out at $589,545.00 and the cheapest home in Lyndon, KY, clocking in at $17,930.00. In other words, there’s something for every potential homebuyer or savvy investor in Lyndon, KY!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lyndon, KY, is on a rollercoaster ride. The average rent price in Lyndon, KY, is $1,344.00. Indeed, when looking to rent in Lyndon, KY, you can expect to pay as little as $910.00 or as much as $1,830.00, with the average rent median estimated to be $1,320.00. The good news is that finding an affordable and desirable property to rent in Lyndon, 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.
Lyndon is located in Jefferson, Kentucky, with an estimated municipal population of 11,423 residents. All of the best foreclosed homes for sale in Lyndon are located in the following zip code areas on Foreclosure.com: 40242 40223 40222 40252. The estimated population per square kilometer (.62 miles) in Lyndon is 1,225.
So, about how much do homes cost in Lyndon? The most recent median value of resident-owned homes in Lyndon is 191,478. An estimated 42.9 percent of households in Lyndon own their homes, with an average family size of 2.88. The median household income in Lyndon is 57,472, with23.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lyndon, the median commute time of resident workers (in minutes) is 19.8. And last, but certainly not least, are you looking for homes to rent in Lyndon? If so, the average rent price paid by renters in Lyndon is 976, 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 Lyndon, 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 Lyndon is 35.1, split between 48.8 percent male versus 51.2 female. The percentage of residents who report being married in Lyndon is 41.3, with an average family size of 2.88.
The percentage of residents who report their race in Lyndon is as follows:
| White | 82.6% |
| Black / African American | 12.6% |
| Asian | 1.6% |
| American Indian / Alaskan Native | 0.1% |
| Native Hawaiian / Other Pacifc Islander | 0.1% |
| Multi-racial | 2.3% |
| Other | 0.7% |
Looking for family-friendly neighborhoods in and/or near Lyndon? Or maybe you are searching for 55+ active adult communities in and/or near Lyndon?
The percentage of residents who report their age in Lyndon is as follows:
| Under 10 | 11.1% |
| Aged 10-19 | 8.2% |
| 20s | 20.8% |
| 30s | 17.3% |
| 40s | 10.9% |
| 50s | 10.2% |
| 60s | 10.8% |
| 70s | 6.4% |
| 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 Lyndon with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Lyndon.
How do you know that living in -- or moving to -- Lyndon is right where you need to be? Perhaps you grew up in Lyndon or already live nearby; therefore, the decision to buy a home in Lyndon is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Lyndon 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 Lyndon:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Lyndon.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Lyndon can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Lyndon, meanwhile, can field multiple offers from more qualified buyers.
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