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Multi-family Foreclosures in Mayfield, KY

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Mayfield, KY Foreclosures

How much do homes sell for in Mayfield, KY?
The average home price is currently $175,621.
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 $13,785,330.
What is currently the cheapest priced home in Mayfield, KY?
The cheapest home for sale in Mayfield is priced at $10,241.

Living in Mayfield, KY

Mayfield, KY, offers a charming small-town atmosphere with a rich community spirit. Residents enjoy beautiful parks, outdoor activities, and a close-knit educational system. With its vibrant downtown and proximity to Kentucky Lake, Mayfield is a perfect place for families and outdoor enthusiasts alike.

Current Market Conditions in Mayfield, KY

The real estate market in Mayfield is currently seeing a moderate level of activity with a mix of buyers and sellers. The affordable property prices tend to attract first-time homebuyers and retirees looking to settle down in a quiet area. Homes in Mayfield generally sell within a reasonable timeframe, indicating a balanced market.

Recent developments have spurred interest in the area, as new businesses and amenities enhance the community. The demand for homes is steady, and properties are appreciating in value, although not as rapidly as in larger cities.

Home Value Estimator For Mayfield, KY

There are currently 8,304 real estate properties in Mayfield, KY, with a median automated valuation model (AVM) price of $150,875.00. 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 $175,621.00, with the most expensive house in Mayfield, KY, topping out at $13,785,330.00 and the cheapest home in Mayfield, KY, clocking in at $10,241.00. 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 Multi-family Homes


Market Trend for Mayfield, KY

Total Listings Available: 0

Market Values:

Home Prices from $10,241 to $13,785,330

Average Sales Price: $175,621

Rental Values:

Rental from $410 to $2,260

Average Rent Value: $892 / month

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