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Multi-family Foreclosures in Lily, KY 40740

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Lily, KY Foreclosures

How much do homes sell for in Lily, KY?
The average home price is currently $147,053.
What’s the average rental cost in Lily, KY?
The average rental price in Lily is $813.
What is the most expensive home in Lily?
The most expensive home sold in Lily had a price of $3,571,232.
What is currently the cheapest priced home in Lily, KY?
The cheapest home for sale in Lily is priced at $11,086.

Living in Lily, KY

Lily, KY, is a tranquil small town that offers a blend of rural charm and community spirit. Residents enjoy a slower pace of life surrounded by nature and close to essential amenities. With family-friendly schools and a variety of outdoor activities, it's an ideal location for those seeking peace without sacrificing convenience.

Current Market Conditions in Lily, KY

The real estate market in Lily, KY, has seen a gradual increase in home values over the past year. Many buyers are attracted to the area's tranquil environment, which is particularly appealing for families and retirees alike. The demand for homes has led to more listings coming onto the market, providing varied options for prospective buyers.

Despite the relatively small size of the community, Lily has experienced consistent growth with new developments and renovations, signaling a positive economic trend. The market remains competitive, so buyers are encouraged to act quickly when they find a property that meets their needs.

Home Value Estimator For Lily, KY

There are currently 1,091 real estate properties in Lily, KY, with a median automated valuation model (AVM) price of $120,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lily, 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 Lily, KY, is $147,053.00, with the most expensive house in Lily, KY, topping out at $3,571,232.00 and the cheapest home in Lily, KY, clocking in at $11,086.00. In other words, there’s something for every potential homebuyer or savvy investor in Lily, KY!

Rent Prices In Lily, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lily, KY, is on a rollercoaster ride. The average rent price in Lily, KY, is $813.00. Indeed, when looking to rent in Lily, KY, you can expect to pay as little as $420.00 or as much as $1,530.00, with the average rent median estimated to be $780.00. The good news is that finding an affordable and desirable property to rent in Lily, 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.

Lily, KY 40740 Multi-family Homes


Market Trend for Lily, KY

Total Listings Available: 0

Market Values:

Home Prices from $11,086 to $3,571,232

Average Sales Price: $147,053

Rental Values:

Rental from $420 to $1,530

Average Rent Value: $813 / month

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