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Foreclosure Homes in Water Valley, KY

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View this home at W Lochridge St Mayfield KY 42066
Preforeclosure
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W Lochridge St
Mayfield, KY 42066
Single-Family
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2 |
1
|
1,149
AUCTION: 04-01-2024
Single-Family
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2 |
1
|
1,149
3 View this home at Jeff Davis Rd Mayfield KY 42066
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$195,205 EMV
Jeff Davis Rd
Mayfield, KY 42066
4 |
2
EST. RENT: $1,181
|
AUCTION: 03-25-2024
4 |
2
View this home at Geneva Rd Mayfield KY 42066
Preforeclosure
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$115,026 EMV
Geneva Rd
Mayfield, KY 42066
Single-Family
|
3 |
2
|
1,396
EST. RENT: $1,102
|
AUCTION: 03-25-2024
Single-Family
|
3 |
2
|
1,396
Displaying 1 - 10 of 75
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Top Reasons To Live In Water Valley, KY In 2024

Water Valley is located in Graves, Kentucky, with an estimated municipal population of 187 residents. All of the best foreclosed homes for sale in Water Valley are located in the following zip code areas on Foreclosure.com: 42085. The estimated population per square kilometer (.62 miles) in Water Valley is 135.


Cost Of Living In Water Valley, KY

So, about how much do homes cost in Water Valley? The most recent median value of resident-owned homes in Water Valley is 95,360. An estimated 82.4 percent of households in Water Valley own their homes, with an average family size of 2.63. The median household income in Water Valley is 49,896, with18.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Water Valley, the median commute time of resident workers (in minutes) is 20.5. And last, but certainly not least, are you looking for homes to rent in Water Valley? If so, the average rent price paid by renters in Water Valley is 638, according to recent statistics.


Diversity And Demographics In Water Valley, 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 Water Valley, 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 Water Valley is 54.3, split between 50.8 percent male versus 49.2 female. The percentage of residents who report being married in Water Valley is 64.5, with an average family size of 2.63.

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

White 88.8%
Black / African American 0%
Asian 7%
American Indian / Alaskan Native 3.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.1%
Other 0%

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

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

Under 10 9%
Aged 10-19 3.2%
20s 8%
30s 16.1%
40s 8%
50s 14.4%
60s 10.7%
70s 27.2%
80+ 3.2%

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


Pros And Cons Of Living In Water Valley, Kentucky

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

  • 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 โ€œPros vs. Consโ€ list of what you need in a home and/or neighborhood like Water Valley.


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

Water Valley, KY Foreclosures


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