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Foreclosure Homes in London, KY

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London, KY Foreclosures

How much do homes sell for in London, KY?
The average home price is currently $214,414.
In London, KY, how many homes are available?
There are currently 112 active home listings available in London.
What’s the average rental cost in London, KY?
The average rental price in London is $962.
What is the most expensive home in London?
The most expensive home sold in London had a price of $15,596,898.
What is currently the cheapest priced home in London, KY?
The cheapest home for sale in London is priced at $9,599.

Living in London, KY

London, Kentucky, is a charming city located in the heart of southeastern Kentucky. Known for its friendly community and rich heritage, London offers a variety of outdoor activities, dining options, and local festivals that highlight its creative spirit. With easy access to major highways and beautiful natural landscapes, London provides an enticing blend of small-town appeal and modern conveniences.

Current Market Conditions in London, KY

The real estate market in London, KY, has shown a steady increase in home values over the past year. With a balanced mix of residential options, from single-family homes to townhouses, the area has attracted both first-time homebuyers and investors. The demand for housing remains strong, driven by the town's growing population and attractive work-life balance.

Recent trends indicate that homes in London are selling faster than in previous years, with many properties receiving multiple offers. The market remains competitive, and buyers are encouraged to act quickly when they find a desirable home.

Home Value Estimator For London, KY

There are currently 14,872 real estate properties in London, KY, with a median automated valuation model (AVM) price of $174,013.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in London, 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 London, KY, is $214,414.00, with the most expensive house in London, KY, topping out at $15,596,898.00 and the cheapest home in London, KY, clocking in at $9,599.00. In other words, there’s something for every potential homebuyer or savvy investor in London, KY!

Rent Prices In London, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in London, KY, is on a rollercoaster ride. The average rent price in London, KY, is $962.00. Indeed, when looking to rent in London, KY, you can expect to pay as little as $420.00 or as much as $2,760.00, with the average rent median estimated to be $920.00. The good news is that finding an affordable and desirable property to rent in London, 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.

London, KY Foreclosures


Market Trend for London, KY

Total Listings Available: 112

Market Values:

Home Prices from $9,599 to $15,596,898

Average Sales Price: $214,414

Rental Values:

Rental from $420 to $2,760

Average Rent Value: $962 / month

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