Fairfield, KY Foreclosures
How much do homes sell for in Fairfield, KY?
The average home price is currently $259,005.
In Fairfield, KY, how many homes are available?
There are currently 151 active home listings available in Fairfield.
What’s the average rental cost in Fairfield, KY?
The average rental price in Fairfield is $1,210.
What is the most expensive home in Fairfield?
The most expensive home sold in Fairfield had a price of $802,790.
What is currently the cheapest priced home in Fairfield, KY?
The cheapest home for sale in Fairfield is priced at $121,693.
Living in Fairfield, KY
Fairfield, KY is a quaint suburban community that combines a peaceful atmosphere with easy access to urban conveniences. The area is known for its beautiful parks, quality schools, and family-friendly activities, making it an ideal place for both young families and retirees. Residents enjoy ample outdoor recreation opportunities and a close-knit community vibe.
Current Market Conditions in Fairfield, KY
The real estate market in Fairfield has remained stable over the past quarter, with a slight increase in home prices as demand continues to rise due to the charm of the community and proximity to Louisville. Homebuyers are actively seeking properties, which has led to competitive bidding in some cases, especially for well-priced homes in desirable neighborhoods.
Overall, the market is showing signs of gradual growth, with properties averaging around 30 days on the market before being sold, indicating a strong interest among buyers looking to settle in this serene area.
Home Value Estimator For Fairfield, KY
There are currently 49 real estate properties
in Fairfield, KY,
with a median automated valuation model (AVM) price
of $228,591.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fairfield, KY, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Fairfield, KY,
is $259,005.00, with the most expensive house
in Fairfield, KY, topping out
at $802,790.00 and the cheapest home
in Fairfield, KY,
clocking in at $121,693.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fairfield, KY!
Rent Prices
In Fairfield, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fairfield, KY, is on
a rollercoaster ride. The
average rent price in Fairfield, KY,
is $1,210.00. Indeed, when looking to rent in
Fairfield, KY, you can expect to pay as little
as $720.00 or as much
as $2,140.00,
with the average rent median estimated to
be $1,090.00. The good news is that finding
an affordable and desirable property to rent in Fairfield, KY
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
