Midway, KY Foreclosures
How much do homes sell for in Midway, KY?
The average home price is currently $531,156.
In Midway, KY, how many homes are available?
There are currently 2 active home listings available in Midway.
What’s the average rental cost in Midway, KY?
The average rental price in Midway is $1,338.
What is the most expensive home in Midway?
The most expensive home sold in Midway had a price of $29,426,424.
What is currently the cheapest priced home in Midway, KY?
The cheapest home for sale in Midway is priced at $29,464.
Living in Midway, KY
Midway, Kentucky, is a charming small town located between Frankfort and Lexington, known for its friendly community and picturesque landscapes. Offering a mix of historic and modern amenities, Midway boasts a vibrant downtown area filled with quaint shops and local eateries. The town is surrounded by beautiful horse farms and offers easy access to outdoor activities, making it an ideal place for those who appreciate a relaxed lifestyle with a touch of country charm.
Current Market Conditions in Midway, KY
The real estate market in Midway, KY, has shown a healthy level of activity over recent months, with an increase in both listings and buyer interest. The small-town charm combined with its location has increased its attractiveness among homebuyers seeking a quieter lifestyle, leading to a competitive market.
Overall, the average home price in Midway has seen a steady increase, reflecting a national trend of rising home values, as more individuals and families move to suburban areas from urban centers. This has been bolstered by low inventory, which means homes are selling quickly, often above the asking price.
Home Value Estimator For Midway, KY
There are currently 1,069 real estate properties
in Midway, KY,
with a median automated valuation model (AVM) price
of $316,511.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Midway, 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 Midway, KY,
is $531,156.00, with the most expensive house
in Midway, KY, topping out
at $29,426,424.00 and the cheapest home
in Midway, KY,
clocking in at $29,464.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Midway, KY!
Rent Prices
In Midway, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Midway, KY, is on
a rollercoaster ride. The
average rent price in Midway, KY,
is $1,338.00. Indeed, when looking to rent in
Midway, KY, you can expect to pay as little
as $510.00 or as much
as $2,780.00,
with the average rent median estimated to
be $1,190.00. The good news is that finding
an affordable and desirable property to rent in Midway, 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.
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