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Foreclosure Homes in Mayfield, KY

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Mayfield, KY Foreclosures

Current Market Conditions in in Mayfield, KY As of April 2026?
Over the past month, the real estate market in Mayfield has experienced moderate activity, with several properties being sold above asking price. This trend indicates a strong interest from buyers looking for homes in the area, resulting in a competitive market. The average time on the market for homes has decreased, showcasing the urgency of buyers in securing desirable properties before they are sold.
How much do homes sell for in Mayfield, KY?
The average home price is currently $229,008.
In Mayfield, KY, how many homes are available?
There are currently 40 active home listings available in Mayfield.
What’s the average rental cost in Mayfield, KY?
The average rental price in Mayfield is $892.
What is the most expensive home in Mayfield?
The most expensive home sold in Mayfield had a price of $11,417,937.
What is currently the cheapest priced home in Mayfield, KY?
The cheapest home for sale in Mayfield is priced at $17,100.

Living in Mayfield, KY

Mayfield, KY is a delightful small town that combines a sense of community with access to modern conveniences. Known for its beautiful landscapes and various recreational opportunities, it is perfect for families and those seeking a slower pace of life. Residents enjoy a variety of local amenities and a strong educational system, making it an appealing place to settle down.

Buyer vs Seller Market in Mayfield, KY

The real estate market in Mayfield, KY has shown steady growth over the past year, with an increase in demand for single-family homes. The pricing remains affordable compared to larger metropolitan areas, attracting families and retirees alike. Mayfield's charm and community-oriented lifestyle contribute to its appeal, leading to a vibrant housing market.

Current trends indicate that homebuyers in Mayfield are prioritizing outdoor spaces and larger lots, reflective of a growing desire for personal space and the ability to enjoy nature.

Home Value Estimator For Mayfield, KY

There are currently 8,732 real estate properties in Mayfield, KY, with a median automated valuation model (AVM) price of $189,335.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mayfield, 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 Mayfield, KY, is $229,008.00, with the most expensive house in Mayfield, KY, topping out at $11,417,937.00 and the cheapest home in Mayfield, KY, clocking in at $17,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Mayfield, KY!

Rent Prices In Mayfield, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mayfield, KY, is on a rollercoaster ride. The average rent price in Mayfield, KY, is $892.00. Indeed, when looking to rent in Mayfield, KY, you can expect to pay as little as $410.00 or as much as $2,260.00, with the average rent median estimated to be $850.00. The good news is that finding an affordable and desirable property to rent in Mayfield, 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.

Mayfield, KY Foreclosures


Market Trend for Mayfield, KY

Total Listings Available: 40

Market Values:

Home Prices from $17,100 to $11,417,937

Average Sales Price: $229,008

Rental Values:

Rental from $410 to $2,260

Average Rent Value: $892 / month

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