Shively, KY Foreclosures
How much do homes sell for in Shively, KY?
The average home price is currently $474,520.
In Shively, KY, how many homes are available?
There are currently 17 active home listings available in Shively.
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 $18,842,554.
What is currently the cheapest priced home in Shively, KY?
The cheapest home for sale in Shively is priced at $12,584.
Living in Shively, KY
Shively, KY is a suburban city just southwest of Louisville, offering a welcoming community with easy access to urban conveniences. Known for its friendly neighborhoods, local parks, and varied amenities, Shively is ideal for families and professionals alike. The area has seen growth and investment in housing, further enhancing its appeal.
Current Market Conditions in Shively, KY
The real estate market in Shively continues to show signs of strength, with home prices steadily rising over the past few months. The demand for homes in this suburban area is fueled by its proximity to Louisville and a tight housing inventory, making it a seller's market. Buyers are finding it increasingly competitive, with homes often receiving multiple offers, which reflects Shively's desirability.
As we analyze the market trends in Shively, the last year has demonstrated a consistent increase in home values, supported by low interest rates and a strong local economy. The suburban appeal of Shively, coupled with ongoing urban development in nearby Louisville, has attracted new residents, contributing to the area's vibrant housing market.
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 $185,827.00. 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 $474,520.00, with the most expensive house
in Shively, KY, topping out
at $18,842,554.00 and the cheapest home
in Shively, KY,
clocking in at $12,584.00. 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.
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