Olmstead, KY Foreclosures
How much do homes sell for in Olmstead, KY?
The average home price is currently $391,657.
In Olmstead, KY, how many homes are available?
There are currently 2 active home listings available in Olmstead.
What’s the average rental cost in Olmstead, KY?
The average rental price in Olmstead is $1,058.
What is the most expensive home in Olmstead?
The most expensive home sold in Olmstead had a price of $4,842,152.
What is currently the cheapest priced home in Olmstead, KY?
The cheapest home for sale in Olmstead is priced at $14,270.
Living in Olmstead, KY
Olmstead, Kentucky, is a charming rural community nestled in Logan County, perfect for families and individuals seeking a peaceful lifestyle. With scenic views, friendly locals, and nearby outdoor activities, it presents an inviting place to call home. The area features essential amenities and good schools, making it ideal for all ages.
Current Market Conditions in Olmstead, KY
The real estate market in Olmstead, KY, is currently stable, with a mix of affordable homes available for first-time buyers and more spacious options for families. The trend indicates a gradual increase in home values over the past year due to limited inventory and low-interest rates, making it an attractive market for sellers as well.
There is a good demand for rental properties in the area, given the increasing number of people looking for affordable living options close to nature and community amenities. The market has been somewhat competitive, especially for well-maintained homes.
Home Value Estimator For Olmstead, KY
There are currently 362 real estate properties
in Olmstead, KY,
with a median automated valuation model (AVM) price
of $219,050.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Olmstead, 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 Olmstead, KY,
is $391,657.00, with the most expensive house
in Olmstead, KY, topping out
at $4,842,152.00 and the cheapest home
in Olmstead, KY,
clocking in at $14,270.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Olmstead, KY!
Rent Prices
In Olmstead, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Olmstead, KY, is on
a rollercoaster ride. The
average rent price in Olmstead, KY,
is $1,058.00. Indeed, when looking to rent in
Olmstead, KY, you can expect to pay as little
as $580.00 or as much
as $2,040.00,
with the average rent median estimated to
be $950.00. The good news is that finding
an affordable and desirable property to rent in Olmstead, 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.
Learn more on Foreclosure homes
