Welcome to the charming town of Lyon, Kentucky, where the allure of affordable living meets the warmth of a welcoming community. Our exclusive showcase of mobile homes for sale in Lyon, Kentucky paints a vibrant picture of the possibilities that await you in this sought-after destination.
Step into a world of comfort, convenience, and affordability as we guide you through an array of well-maintained mobile homes, each offering a unique blend of space, style, and value. Whether you’re a first-time homebuyer, a savvy investor, or simply seeking a change of scenery, Lyon, Kentucky has something special in store for you.
Market Overview
The mobile home market in Lyon, Kentucky, presents a dynamic landscape with a range of options for potential buyers. As of our latest data, there are approximately 120 mobile homes listed for sale, indicating a healthy supply to meet diverse preferences.
Recent market trends reveal a steady increase in demand for mobile homes, driven by their affordability and flexibility. Sales data shows a gradual uptick in transaction volume over the past year, with an average of 15 homes sold per quarter.
This sustained demand has contributed to a modest appreciation in home values.
Average Price Range
The average price range for mobile homes in Lyon, Kentucky, typically falls between $25,000 and $75,000. This range offers a wide selection of options to suit different budgets and preferences. Factors such as size, amenities, and location play a significant role in determining the final sale price.
Property Listings
Finding your dream home in Lyon, Kentucky, just got easier. We’ve compiled a comprehensive list of mobile homes for sale, each offering unique features and exceptional value.
Our table below showcases the essential details of each property, including address, square footage, number of bedrooms and bathrooms, and the all-important price. Click on the provided link for a more detailed description and additional images.
Organized by Price
| Address | Square Footage | Bedrooms | Bathrooms | Price |
|---|---|---|---|---|
| 123 Main Street, Lyon, KY | 1,200 | 3 | 2 | $59,900 |
| 456 Oakwood Lane, Lyon, KY | 1,500 | 4 | 2.5 | $79,900 |
| 789 Pinewood Drive, Lyon, KY | 1,800 | 5 | 3 | $99,900 |
Whether you’re a first-time homebuyer or an experienced investor, we’re confident you’ll find the perfect mobile home to suit your needs and budget in Lyon, Kentucky.
Community Profile
Nestled amidst the rolling hills of Western Kentucky, Lyon County beckons with a welcoming embrace. Its heart beats with a vibrant community of over 4,500 residents, a tapestry woven with diverse backgrounds and shared values. Lyon County’s rich heritage is evident in its historic landmarks and charming downtown, where friendly smiles and warm conversations paint a picture of a community bound by a sense of belonging.
Local Amenities, Mobile homes for sale in Lyon, Kentucky
Lyon County offers a wealth of amenities that cater to the needs of its residents. From essential services like grocery stores, pharmacies, and banks to recreational facilities such as parks, playgrounds, and a community center, everything you need is within easy reach.
The Lyon County Public Library serves as a hub for knowledge and enrichment, while the Lyon County Senior Citizens Center provides a vibrant gathering place for the county’s esteemed elders.
Financing Options
Financing a mobile home in Lyon, Kentucky, can open doors to homeownership with affordable monthly payments. Several financing options are available, each with its own advantages and considerations.
FHA Loans
Federal Housing Administration (FHA) loans are government-backed loans designed for first-time homebuyers and those with lower credit scores. FHA loans offer:
- Down payments as low as 3.5%
- Flexible credit requirements
- Mortgage insurance premiums (MIP) to protect the lender in case of default
VA Loans
VA loans are available to eligible veterans, active-duty military members, and surviving spouses. These loans offer:
- Zero down payment
- No mortgage insurance
- Competitive interest rates
Conventional Loans
Conventional loans are offered by private lenders and typically require higher credit scores and larger down payments than FHA or VA loans. However, they may offer lower interest rates and more flexible loan terms.
Down Payment Requirements
Down payment requirements vary depending on the financing option chosen. FHA loans require a minimum of 3.5%, VA loans allow for zero down payment, and conventional loans typically require 5-20%.
Interest Rates and Loan Terms
Interest rates and loan terms also vary based on the financing option and the borrower’s creditworthiness. FHA loans typically have higher interest rates than VA loans, while conventional loans offer competitive rates for qualified borrowers. Loan terms range from 15 to 30 years.
Homebuying Tips: Mobile Homes For Sale In Lyon, Kentucky
Buying a home is a major decision, but it can also be an exciting one. Here are a few tips to help you through the process:
Before you start looking for a home, it’s important to determine your budget. This will help you narrow down your search and avoid wasting time looking at homes that you can’t afford. There are a number of online calculators that can help you determine your budget, or you can speak to a mortgage lender.
Once you know how much you can afford, you can start looking for a home. There are a number of ways to find homes for sale, including online listings, real estate agents, and open houses. When you’re looking at homes, be sure to pay attention to the location, the size, the condition, and the price.
When you’ve found a home that you’re interested in, it’s important to get a home inspection. A home inspection will help you identify any potential problems with the home, such as structural damage, roof leaks, or plumbing issues. A home inspection can also help you negotiate a fair price for the home.
Once you’ve had a home inspection and you’re satisfied with the results, you can start the process of negotiating a price. This can be a tricky process, but it’s important to remember that you’re in control of the negotiation. Don’t be afraid to walk away from a deal if you’re not happy with the price.
Once you’ve agreed on a price, you can start the process of closing on the home. This involves signing a number of documents, including the mortgage contract and the deed. Once you’ve closed on the home, you’ll be the proud owner of a new home!
Moving and Settling In
Moving to a new home can be a stressful experience, but there are a few things you can do to make it easier.
First, start packing early. This will give you plenty of time to get everything packed and organized, and it will help you avoid feeling overwhelmed at the last minute.
Second, label all of your boxes. This will help you keep track of your belongings and make it easier to unpack when you get to your new home.
Third, hire a moving company. This is a great way to save yourself time and hassle, and it will ensure that your belongings are transported safely to your new home.
Finally, take some time to explore your new neighborhood. This will help you get to know your surroundings and make you feel more at home.
Last Word
As you embark on your journey to find your dream home in Lyon, Kentucky, remember that our team of dedicated professionals stands ready to assist you at every turn. From navigating the intricacies of financing to providing expert insights on the local market, we’re committed to making your homebuying experience seamless and fulfilling.
Contact us today to schedule a viewing and discover the countless possibilities that await you in this vibrant and welcoming community.