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Rent To Own Homes in Lily, KY

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Living in Lily, KY

Lily, KY is a quaint community that embodies the charm of small-town living in Kentucky. It offers a peaceful lifestyle surrounded by beautiful scenery and friendly neighbors. With local parks, schools, and outdoor activities, Lily is perfect for families or anyone looking to enjoy a slower pace of life.

Current Market Conditions in Lily, KY

The real estate market in Lily, KY is currently showing steady growth, with a variety of homes available on the market. While the number of homes for sale has slightly decreased, demand remains strong due to the area's affordability and community appeal.

Market trends indicate that homes in Lily are appreciating in value, making it a promising location for both first-time buyers and investors. The community's charm and accessibility to amenities contribute to the attractiveness of the local housing market.

Home Value Estimator For Lily, KY

There are currently 1,092 real estate properties in Lily, KY, with a median automated valuation model (AVM) price of $120,800.00. 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 $146,004.00, with the most expensive house in Lily, KY, topping out at $2,226,607.00 and the cheapest home in Lily, KY, clocking in at $11,200.00. 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 Rent To Own Homes

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