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Fixer Upper Homes in Frankfort, KY

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Frankfort, KY Foreclosures

How much do homes sell for in Frankfort, KY?
The average home price is currently $262,468.
In Frankfort, KY, how many homes are available?
There are currently 135 active home listings available in Frankfort.
What’s the average rental cost in Frankfort, KY?
The average rental price in Frankfort is $972.
What is the most expensive home in Frankfort?
The most expensive home sold in Frankfort had a price of $23,252,586.
What is currently the cheapest priced home in Frankfort, KY?
The cheapest home for sale in Frankfort is priced at $10,002.

Living in Frankfort, KY

Frankfort, the capital city of Kentucky, boasts a vibrant small-town atmosphere with rich history and scenic beauty. With a population of around 25,000, it offers a blend of urban amenities and rural charm. Residents enjoy beautiful parks, historic sites, and an engaging community that makes it an appealing place to live.

Current Market Conditions in Frankfort, KY

The real estate market in Frankfort has shown steady growth over the past few years, with a balanced supply of homes available for buyers. The demand for housing has increased, partially due to its attractiveness as a family-friendly community and its proximity to larger urban centers. Older historic homes alongside newly built properties are typical in the market.

The rental market remains competitive, especially with the influx of new residents coming in for job opportunities at local government and business sectors. The average home price has steadily risen, reflecting the demand for housing and the desirability of the area.

Home Value Estimator For Frankfort, KY

There are currently 18,367 real estate properties in Frankfort, KY, with a median automated valuation model (AVM) price of $220,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Frankfort, 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 Frankfort, KY, is $262,468.00, with the most expensive house in Frankfort, KY, topping out at $23,252,586.00 and the cheapest home in Frankfort, KY, clocking in at $10,002.00. In other words, there’s something for every potential homebuyer or savvy investor in Frankfort, KY!

Rent Prices In Frankfort, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Frankfort, KY, is on a rollercoaster ride. The average rent price in Frankfort, KY, is $972.00. Indeed, when looking to rent in Frankfort, KY, you can expect to pay as little as $530.00 or as much as $1,600.00, with the average rent median estimated to be $950.00. The good news is that finding an affordable and desirable property to rent in Frankfort, 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.

Frankfort, KY Fixer Upper Homes

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