Frankfort, KY Foreclosures
How much do homes sell for in Frankfort, KY?
The average home price is currently $266,744.
In Frankfort, KY, how many homes are available?
There are currently 142 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 $23,574,170.
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, KY, is a picturesque capital city known for its historic charm and beautiful natural surroundings. The city blends a small-town atmosphere with essential amenities, making it an ideal place for families and professionals alike. Rich in culture and community spirit, Frankfort offers a variety of activities, parks, and local events throughout the year.
Current Market Conditions in Frankfort, KY
The real estate market in Frankfort, KY remains buoyant with steady demand and a moderate supply of homes. The affordability in this area has attracted many buyers, contributing to a stable market. Currently, the average home price in Frankfort is slightly below the national average, making it an appealing location for first-time homeowners and investors alike.
In recent months, the market has shown signs of appreciation, with many homes selling quickly due to limited inventory. The community's appeal, combined with the economic growth in the surrounding region, has led to increasing home values. Investors should consider the long-term growth potential in the Frankfort area.
Home Value Estimator For Frankfort, KY
There are currently 18,366 real estate properties
in Frankfort, KY,
with a median automated valuation model (AVM) price
of $225,455.00. 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 $266,744.00, with the most expensive house
in Frankfort, KY, topping out
at $23,574,170.00 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.
Learn more on Foreclosure homes
