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Prestonsburg is located in Floyd, Kentucky, with an estimated municipal population of 3,532 residents. All of the best foreclosed homes for sale in Prestonsburg are located in the following zip code areas on Foreclosure.com: 41653 41602. The estimated population per square kilometer (.62 miles) in Prestonsburg is 96.
So, about how much do homes cost in Prestonsburg? The most recent median value of resident-owned homes in Prestonsburg is 112,849. An estimated 48.9 percent of households in Prestonsburg own their homes, with an average family size of 2.76. The median household income in Prestonsburg is 26,563, with12.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Prestonsburg, the median commute time of resident workers (in minutes) is 16. And last, but certainly not least, are you looking for homes to rent in Prestonsburg? If so, the average rent price paid by renters in Prestonsburg is 600, 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 Prestonsburg, 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 Prestonsburg is 33.6, split between 54.7 percent male versus 45.3 female. The percentage of residents who report being married in Prestonsburg is 37.4, with an average family size of 2.76.
The percentage of residents who report their race in Prestonsburg is as follows:
| White | 90.2% |
| Black / African American | 6.8% |
| Asian | 1% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 1.7% |
| Other | 0.4% |
Looking for family-friendly neighborhoods in and/or near Prestonsburg? Or maybe you are searching for 55+ active adult communities in and/or near Prestonsburg?
The percentage of residents who report their age in Prestonsburg is as follows:
| Under 10 | 13.9% |
| Aged 10-19 | 12.4% |
| 20s | 18.4% |
| 30s | 11.4% |
| 40s | 8.9% |
| 50s | 11.1% |
| 60s | 10.3% |
| 70s | 8.5% |
| 80+ | 5.1% |
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 Prestonsburg with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Prestonsburg.
How do you know that living in -- or moving to -- Prestonsburg is right where you need to be? Perhaps you grew up in Prestonsburg or already live nearby; therefore, the decision to buy a home in Prestonsburg is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Prestonsburg 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 Prestonsburg:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Prestonsburg.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Prestonsburg can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Prestonsburg, meanwhile, can field multiple offers from more qualified buyers.
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