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Foreclosure Homes in Smilax, KY

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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.

Smilax, KY Foreclosures


Market Trend for Smilax, KY

Total Listings Available: 4

Market Values:

Home Prices from $19,704 to $524,645

Average Sales Price: $114,501

Rental Values:

Rental from $440 to $1,450

Average Rent Value: $733 / month

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