Shelbyville, KY Foreclosures
How much do homes sell for in Shelbyville, KY?
The average home price is currently $357,145.
In Shelbyville, KY, how many homes are available?
There are currently 105 active home listings available in Shelbyville.
What’s the average rental cost in Shelbyville, KY?
The average rental price in Shelbyville is $1,376.
What is the most expensive home in Shelbyville?
The most expensive home sold in Shelbyville had a price of $33,097,900.
What is currently the cheapest priced home in Shelbyville, KY?
The cheapest home for sale in Shelbyville is priced at $14,100.
Living in Shelbyville, KY
Shelbyville, KY is a vibrant city offering a perfect blend of history, community, and outdoor activities. With its charming small-town atmosphere, residents enjoy family-friendly neighborhoods, parks, and local events throughout the year. Ideal for families and outdoor enthusiasts, Shelbyville provides easy access to larger urban amenities while retaining its unique Southern charm.
Current Market Conditions in Shelbyville, KY
In Shelbyville, the real estate market has shown consistent growth over the past year, driven by an influx of new residents seeking the peaceful lifestyle and affordability of the area. The combination of historical charm and modern amenities makes Shelbyville a desirable place to live, especially for families and professionals looking to escape the hustle of big city life. Housing demand remains strong, with prices continuing to rise as more buyers are drawn to the neighborhood.
The local market has transitioned to a seller's market, characterized by decreased inventory and increased competition among buyers. Homes in desirable areas, particularly those near parks and schools, are selling quickly, often above asking price. Overall, Shelbyville’s real estate market remains competitive, with projections indicating continued appreciation.
Home Value Estimator For Shelbyville, KY
There are currently 10,911 real estate properties
in Shelbyville, KY,
with a median automated valuation model (AVM) price
of $292,881.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Shelbyville, 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 Shelbyville, KY,
is $357,145.00, with the most expensive house
in Shelbyville, KY, topping out
at $33,097,900.00 and the cheapest home
in Shelbyville, KY,
clocking in at $14,100.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Shelbyville, KY!
Rent Prices
In Shelbyville, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Shelbyville, KY, is on
a rollercoaster ride. The
average rent price in Shelbyville, KY,
is $1,376.00. Indeed, when looking to rent in
Shelbyville, KY, you can expect to pay as little
as $650.00 or as much
as $2,800.00,
with the average rent median estimated to
be $1,330.00. The good news is that finding
an affordable and desirable property to rent in Shelbyville, 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
