Fairfield, KY Foreclosures
How much do homes sell for in Fairfield, KY?
The average home price is currently $257,614.
In Fairfield, KY, how many homes are available?
There are currently 164 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 $126,273.
Living in Fairfield, KY
Fairfield, KY is a picturesque small town with a welcoming community atmosphere. It boasts a range of outdoor activities and local amenities, making it an excellent choice for families and retirees. The town offers quality educational institutions and is conveniently close to larger urban areas.
Current Market Conditions in Fairfield, KY
The real estate market in Fairfield has remained stable over the past year, with a gradual increase in home prices driven by demand for affordable housing in safe neighborhoods. Due to its appealing lifestyle and accessibility to larger metropolitan areas, the market is attracting both first-time homebuyers and investors looking for rental opportunities.
New developments are beginning to pop up in Fairfield, promoting growth and providing more housing options to potential residents. Local government initiatives aim to enhance community services and infrastructure, which is likely to further benefit property values in the 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 $223,788.00. 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 $257,614.00, with the most expensive house
in Fairfield, KY, topping out
at $802,790.00 and the cheapest home
in Fairfield, KY,
clocking in at $126,273.00. 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
