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Foreclosure Homes in Farmington, KY

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Farmington, KY Foreclosures

How much do homes sell for in Farmington, KY?
The average home price is currently $217,841.
In Farmington, KY, how many homes are available?
There are currently 64 active home listings available in Farmington.
What’s the average rental cost in Farmington, KY?
The average rental price in Farmington is $984.
What is the most expensive home in Farmington?
The most expensive home sold in Farmington had a price of $915,751.
What is currently the cheapest priced home in Farmington, KY?
The cheapest home for sale in Farmington is priced at $23,806.

Living in Farmington, KY

Farmington, KY is a serene small town offering a tranquil lifestyle and a welcoming community. Its rich natural surroundings provide ample recreational opportunities, making it ideal for families. With various amenities including schools and shopping options, Farmington is an attractive location for real estate investment.

Current Market Conditions in Farmington, KY

The real estate market in Farmington is currently seeing a steady rise in demand, particularly among families and retirees seeking peaceful living environments. The mix of affordable housing options alongside luxury homes attracts a diverse group of buyers.

Future forecasts indicate continued growth, driven by community developments and an increase in amenities. Investors are finding Farmington an irresistible market due to its potential for appreciation over time.

Home Value Estimator For Farmington, KY

There are currently 356 real estate properties in Farmington, KY, with a median automated valuation model (AVM) price of $177,723.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Farmington, 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 Farmington, KY, is $217,841.00, with the most expensive house in Farmington, KY, topping out at $915,751.00 and the cheapest home in Farmington, KY, clocking in at $23,806.00. In other words, there’s something for every potential homebuyer or savvy investor in Farmington, KY!

Rent Prices In Farmington, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Farmington, KY, is on a rollercoaster ride. The average rent price in Farmington, KY, is $984.00. Indeed, when looking to rent in Farmington, KY, you can expect to pay as little as $490.00 or as much as $1,960.00, with the average rent median estimated to be $900.00. The good news is that finding an affordable and desirable property to rent in Farmington, 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.

Farmington, KY Foreclosures


Market Trend for Farmington, KY

Total Listings Available: 64

Market Values:

Home Prices from $23,806 to $915,751

Average Sales Price: $217,841

Rental Values:

Rental from $490 to $1,960

Average Rent Value: $984 / month

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