Living in Olympia, KY
Olympia, KY is a picturesque town that provides a peaceful living environment with access to essential amenities and outdoor activities. Known for its friendly community and quality schools, it is a sought-after location for families and retirees. The proximity to major cities enhances its appeal without sacrificing tranquility.
Current Market Conditions in Olympia, KY
The real estate market in Olympia, KY, is currently witnessing a steady increase in demand as more families seek the benefits of a small-town lifestyle. Properties here typically showcase a blend of traditional and modern designs, appealing to a variety of tastes among buyers.
Investors can expect reasonable property values, with promising potential for appreciation as interest in the area continues to grow. The suburban nature of Olympia alongside its community-focused atmosphere makes it an attractive investment opportunity in the current market.
Home Value Estimator For Olympia, KY
There are currently 259 real estate properties
in Olympia, KY,
with a median automated valuation model (AVM) price
of $125,400.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Olympia, 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 Olympia, KY,
is $149,328.00, with the most expensive house
in Olympia, KY, topping out
at $597,400.00 and the cheapest home
in Olympia, KY,
clocking in at $13,549.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Olympia, KY!
Rent Prices
In Olympia, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Olympia, KY, is on
a rollercoaster ride. The
average rent price in Olympia, KY,
is $854.00. Indeed, when looking to rent in
Olympia, KY, you can expect to pay as little
as $440.00 or as much
as $1,430.00,
with the average rent median estimated to
be $820.00. The good news is that finding
an affordable and desirable property to rent in Olympia, 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
