Smilax, KY Foreclosures
How much do homes sell for in Smilax, KY?
The average home price is currently $114,501.
In Smilax, KY, how many homes are available?
There are currently 4 active home listings available in Smilax.
What’s the average rental cost in Smilax, KY?
The average rental price in Smilax is $733.
What is the most expensive home in Smilax?
The most expensive home sold in Smilax had a price of $524,645.
What is currently the cheapest priced home in Smilax, KY?
The cheapest home for sale in Smilax is priced at $19,704.
Living in Smilax, KY
Smilax, KY is a charming rural community offering a peaceful lifestyle surrounded by nature. It features strong community ties, local schools with dedicated educators, and numerous outdoor activities for families and individuals. Ideal for those seeking tranquility away from urban settings.
Buyer vs Seller Market in Smilax, KY
The current real estate market in Smilax is experiencing a gradual increase in property values, driven by a combination of low inventory and heightened demand. Buyers are showing interest in the quaint charm and natural beauty Smilax has to offer, which contributes to rising home prices and quicker sales. As more people are looking to move to suburban and rural areas for tranquility and space, Smilax is becoming a desirable destination for homebuyers.
Trends indicate that homes in Smilax are selling at a faster rate than previously, reflecting a shift in buyer preferences post-pandemic. Families are eager to find larger living spaces with access to nature, leading to positive negotiations and bidding situations in the market.
Home Value Estimator For Smilax, KY
There are currently 153 real estate properties
in Smilax, KY,
with a median automated valuation model (AVM) price
of $94,900.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Smilax, 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 Smilax, KY,
is $114,501.00, with the most expensive house
in Smilax, KY, topping out
at $524,645.00 and the cheapest home
in Smilax, KY,
clocking in at $19,704.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Smilax, KY!
Rent Prices
In Smilax, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Smilax, KY, is on
a rollercoaster ride. The
average rent price in Smilax, KY,
is $733.00. Indeed, when looking to rent in
Smilax, KY, you can expect to pay as little
as $440.00 or as much
as $1,450.00,
with the average rent median estimated to
be $710.00. The good news is that finding
an affordable and desirable property to rent in Smilax, 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.