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Morehead, KY Condo for Sale

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    $184,000

    • 2 Beds
    • 1.5 Baths

    1589 Pennington Flats Rd, Morehead, KY 40351

    New HVAC, New Flooring in bedrooms and stairs. Entire inside freshly painted. Back deck with fenced area for your fur baby. The storage building stays, you could turn it into a She/He shed or of course store your lawn equipment in. This property has 2 bedrooms, 1 full bath and 1 half bath, as well as storage under the stairs. Hardwood floors in the living room and tile in the Kitchen and

    Jennifer Hazelrigg 606 Real Estate & Auctions

    1589 Pennington Flats Rd, Morehead, KY 40351

Why Live in Morehead

Morehead, located in Eastern Kentucky and the seat of Rowan County, is a rural area with a vibrant downtown scene. Established in 1854, its growth was bolstered by the opening of Morehead State University in 1887. The university contributes to an active Main Street, though it quiets down on weekends when students often return home. Morehead serves as a hub for surrounding communities, offering diverse shopping and dining options. Outdoor enthusiasts can enjoy the Morehead City Park Complex, Eagle Lake, and Cave Run Lake for hiking, fishing, and boating. The Sheltowee Trace National Recreation Trail, adorned with artist-painted turtle statues, runs through Morehead, extending into the Red River Gorge and Daniel Boone National Forest. Housing in Morehead includes midcentury homes, contemporary builds, ranch-style houses, cottages, and large New Traditional homes, often on spacious lots. The downtown area features local shops, murals, and eateries like Sawstone Brewing, with a lively atmosphere on weekdays. Essential stores such as Walmart, Kroger, and Lowe's are located on the west side. Education is provided by Rowan County Schools, with Morehead State University offering numerous undergraduate programs. Major roads like Route 60 and Interstate 64 connect Morehead to Lexington, 65 miles away, where residents can access Blue Grass Airport for flights.

Home Trends in Morehead, KY

Housing Trends

Median Sale Price
$243,750
Median Single Family Sale Price
$245,000
Median Townhouse Sale Price
$247,500
Median 2 Bedroom Sale Price
$184,000
Average Price Per Sq Ft
$138
Number of Homes for Sale
29
Last 12 months Home Sales
86
Months of Supply
4.00
Median List Price
$249,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
12%
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