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Preforeclosure Homes in Lily, KY 40740

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Lily, KY Foreclosures

Current Market Conditions in in Lily, KY As of February 2026?
In the past month, the real estate market in Lily has shown slight movements, with a 2% increase in median home prices as more buyers are drawn to the area's affordability and lifestyle benefits. Several listings have received multiple offers, indicating a growing interest among potential homebuyers.
How much do homes sell for in Lily, KY?
The average home price is currently $156,578.
In Lily, KY, how many homes are available?
There are currently 11 active home listings available in Lily.
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 $1,749,841.
What is currently the cheapest priced home in Lily, KY?
The cheapest home for sale in Lily is priced at $13,262.

Living in Lily, KY

Lily, KY is a charming small town known for its picturesque landscape and friendly community atmosphere. Nestled in the Appalachian region, it offers numerous outdoor activities alongside access to essential amenities. Residents enjoy a peaceful lifestyle with a close-knit community feel, making Lily a great place to call home.

Buyer vs Seller Market in Lily, KY

The real estate market in Lily, KY is currently stable, with a mix of affordable housing options and moderate growth. The demand for homes is steadily increasing as more families seek the tranquility of rural living coupled with the convenience of nearby urban amenities.

Recent trends indicate that home values in Lily are appreciating slowly but steadily, as new developments are attracting interest from buyers looking for spacious properties with scenic views. The market remains competitive, especially for homes that offer ample land and modern amenities.

Home Value Estimator For Lily, KY

There are currently 1,173 real estate properties in Lily, KY, with a median automated valuation model (AVM) price of $133,339.00. 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 $156,578.00, with the most expensive house in Lily, KY, topping out at $1,749,841.00 and the cheapest home in Lily, KY, clocking in at $13,262.00. 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 Preforeclosure Homes


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