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Preforeclosure Homes in La Fayette, KY

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La Fayette, KY Foreclosures

How much do homes sell for in La Fayette, KY?
The average home price is currently $190,089.
In La Fayette, KY, how many homes are available?
There are currently 185 active home listings available in La Fayette.
What’s the average rental cost in La Fayette, KY?
The average rental price in La Fayette is $961.
What is the most expensive home in La Fayette?
The most expensive home sold in La Fayette had a price of $1,394,168.
What is currently the cheapest priced home in La Fayette, KY?
The cheapest home for sale in La Fayette is priced at $32,620.

Living in La Fayette, KY

La Fayette, Kentucky, offers a charming small-town atmosphere with scenic natural surroundings. The community is characterized by friendly residents, local amenities, and engaging outdoor activities. It's an ideal place for those seeking a peaceful lifestyle away from the hustle and bustle of city life.

Current Market Conditions in La Fayette, KY

The real estate market in La Fayette is currently experiencing a steady growth trend, with an increasing demand for homes among families looking for affordable housing options. The market remains competitive but offers a variety of choices for buyers, ranging from traditional single-family homes to more modern designs.

In recent months, there has been a noticeable uptick in property sales, indicating rising confidence among buyers. The average home prices have seen modest increases, largely fueled by the influx of new residents attracted by the area's quality of life and affordability.

Home Value Estimator For La Fayette, KY

There are currently 115 real estate properties in La Fayette, KY, with a median automated valuation model (AVM) price of $145,100.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in La Fayette, 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 La Fayette, KY, is $190,089.00, with the most expensive house in La Fayette, KY, topping out at $1,394,168.00 and the cheapest home in La Fayette, KY, clocking in at $32,620.00. In other words, there’s something for every potential homebuyer or savvy investor in La Fayette, KY!

Rent Prices In La Fayette, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in La Fayette, KY, is on a rollercoaster ride. The average rent price in La Fayette, KY, is $961.00. Indeed, when looking to rent in La Fayette, KY, you can expect to pay as little as $710.00 or as much as $1,680.00, with the average rent median estimated to be $940.00. The good news is that finding an affordable and desirable property to rent in La Fayette, 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.

La Fayette, KY Preforeclosure Homes


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