Simpsonville, KY Foreclosures
How much do homes sell for in Simpsonville, KY?
The average home price is currently $516,628.
In Simpsonville, KY, how many homes are available?
There are currently 16 active home listings available in Simpsonville.
What’s the average rental cost in Simpsonville, KY?
The average rental price in Simpsonville is $1,844.
What is the most expensive home in Simpsonville?
The most expensive home sold in Simpsonville had a price of $8,883,013.
What is currently the cheapest priced home in Simpsonville, KY?
The cheapest home for sale in Simpsonville is priced at $14,520.
Living in Simpsonville, KY
Simpsonville is a charming small town in Shelby County, Kentucky, known for its friendly community and family-oriented atmosphere. It offers a peaceful suburban lifestyle while being close to larger cities such as Louisville and Lexington. With its excellent schools and local amenities, Simpsonville is a great place for families and individuals seeking a tranquil environment.
Current Market Conditions in Simpsonville, KY
The real estate market in Simpsonville, KY, has shown steady growth in recent years, with increasing home values and a surge in demand for residential properties. The town's popularity has attracted numerous new families, resulting in a competitive market that benefits sellers. With its desirable location and quality of life, Simpsonville is becoming a sought-after area for homebuyers, contributing to the overall growth of the local economy.
As of late 2023, the demand for housing in Simpsonville has continued to rise, with a mix of new constructions and existing homes being sold at favorable prices. This trend indicates that buyers are looking for homes in Simpsonville not just for their affordability but also for the amenities and lifestyle the area offers. Many properties are gaining multiple offers, leading to a quicker turnover of homes in the marketplace.
Home Value Estimator For Simpsonville, KY
There are currently 2,009 real estate properties
in Simpsonville, KY,
with a median automated valuation model (AVM) price
of $378,022.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Simpsonville, 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 Simpsonville, KY,
is $516,628.00, with the most expensive house
in Simpsonville, KY, topping out
at $8,883,013.00 and the cheapest home
in Simpsonville, KY,
clocking in at $14,520.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Simpsonville, KY!
Rent Prices
In Simpsonville, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Simpsonville, KY, is on
a rollercoaster ride. The
average rent price in Simpsonville, KY,
is $1,844.00. Indeed, when looking to rent in
Simpsonville, KY, you can expect to pay as little
as $850.00 or as much
as $3,500.00,
with the average rent median estimated to
be $1,720.00. The good news is that finding
an affordable and desirable property to rent in Simpsonville, 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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