Providence, KY Home Values & Market Trends

Real estate market trends reflect that there have been 11 transactions over the past year in Providence. The median value for residential home transactions that occurred over the previous year is $70,000. The number of current listings in Providence is 4, and the percentage of properties for sale in the city is 4.00%. Providence, KY currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 4 properties for sale.

Providence, KY Real Estate Market Overview

ZipMedian Est. Value
42450

$ 126,034

$ 111/sqft

Housing Market Summary for Providence, KY

Apr 2023March 2024Change
Median Listing Price$99,900$60,643-39.30%
Median Sold Price$81,657$60,643-25.73%
Homes For Sale37133.33%
Homes Sold111-90.91%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Providence, KY

Providence home values range from $11,940 to $1,523,000. The median estimated value of a home in Providence is $70,000. The median list price of a home is 190,000, and the total count of properties in the city is 1,501.

Foreclosure
There is 1 zips within Providence, KY; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Providence, KY with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Providence, KY with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Providence, KY; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Providence, KY ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Providence, KY. There is 1 zips within Providence, KY; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Providence, KY. Auction homes and other auction properties account for 0% of all properties in Providence, KY. There is 1 zips within Providence, KY; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.27% of residential properties in Providence, KY with 42450 containing 4 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Providence, KY; homes for sale in that zips, have a range of median values from $162,346 in 42450 to the lowest value of $61,174 in 42450.
    Sold Homes
    The median value for recently sold homes ranges from $132,000 in 42450 to the lowest price of $59,322 in 42450. There is 1 zips within Providence, KY. 42450 has 3 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0.20% of properties in Providence, KY.

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      Guide for Providence, KY

      Market Reports
      Providence’s Real Estate Market Grows: Property Values Up 33% Last 12 Months
      Market Reports
      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Home Buying Financing
      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      See More Articles
      Providence’s Real Estate Market Grows: Property Values Up 33% Last 12 Months
      Market Reports|posted 1 April 2024

      The article provides a comprehensive analysis of the real estate market in Providence and nearby cities, highlighting the upward trend in property values and resilience of the market despite fluctuating sales.

      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Market Reports|posted 20 March 2024

      This blog post analyzes the rising trends in the Lexington, KY real estate market from March 2023 to February 2024, and compares them with surrounding cities.

      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Financing|posted 23 April 2024

      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Recently Listed Homes Providence, KY

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