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Cheap Homes in Shively, KY

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Shively, KY Foreclosures

How much do homes sell for in Shively, KY?
The average home price is currently $472,578.
What’s the average rental cost in Shively, KY?
The average rental price in Shively is $990.
What is the most expensive home in Shively?
The most expensive home sold in Shively had a price of $18,728,647.
What is currently the cheapest priced home in Shively, KY?
The cheapest home for sale in Shively is priced at $12,489.

Living in Shively, KY

Shively, KY is a friendly community just outside of Louisville known for its diverse housing options and convenient amenities. Residents enjoy access to parks, local shops, and educational institutions while experiencing the benefits of suburban life near the city. With a strong sense of community, Shively is ideal for families and individuals alike.

Current Market Conditions in Shively, KY

The current real estate market in Shively is showing signs of growth, with increased demand for housing due to its proximity to Louisville. However, with limited inventory, buyers may find it competitive to secure a property. Prices have been on the rise, reflecting the area's desirability among new residents.

Due to its affordability compared to nearby urban centers, Shively is attracting a mix of first-time homebuyers and families looking for spacious homes. This trend indicates a continued investment in local development and infrastructure.

Home Value Estimator For Shively, KY

There are currently 407 real estate properties in Shively, KY, with a median automated valuation model (AVM) price of $183,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Shively, 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 Shively, KY, is $472,578.00, with the most expensive house in Shively, KY, topping out at $18,728,647.00 and the cheapest home in Shively, KY, clocking in at $12,489.00. In other words, there’s something for every potential homebuyer or savvy investor in Shively, KY!

Rent Prices In Shively, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shively, KY, is on a rollercoaster ride. The average rent price in Shively, KY, is $990.00. Indeed, when looking to rent in Shively, KY, you can expect to pay as little as $670.00 or as much as $1,480.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Shively, 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.

Cheap Homes in Shively, KY

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