Embrace the allure of country living with this exceptional 2 +/- acres property in the serene town of Ransom, KY. Nestled within a tranquil setting, this expansive land offers boundless opportunities for those seeking a captivating project. While the existing house may be in rough condition, it serves as a blank canvas for imaginative individuals eager to revive its former glory. With a dash of ingenuity and a touch of craftsmanship, this dwelling can be transformed into a remarkable home that reflects your unique style and vision. Embrace the challenge and unleash the true potential of this extraordinary property, crafting a dwelling that captures the essence of rural living at its finest.
The median home value in Phelps, KY is $77,300. This is lower than the county median home value of $80,600. The national median home value is $219,700. The average price of homes sold in Phelps, KY is $77,300. Approximately 75.27% of Phelps homes are owned, compared to 5.64% rented, while 19.09% are vacant. Phelps real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Phelps real estate agent to arrange a tour today!
Phelps, Kentucky has a population of 762. Phelps is more family-centric than the surrounding county with 57.27% of the households containing married families with children. The county average for households married with children is 30.94%.
The median household income in Phelps, Kentucky is $28,206. The median household income for the surrounding county is $32,972 compared to the national median of $57,652. The median age of people living in Phelps is 45.3 years.
The average high temperature in July is 88.4 degrees, with an average low temperature in January of 25.4 degrees. The average rainfall is approximately 45.1 inches per year, with 5.3 inches of snow per year.