Living in Smilax, KY
Discover the charm of SMILAX, KY, a peaceful community offering friendly vibes, stunning natural beauty, and excellent educational institutions. Families and nature lovers alike can enjoy an array of outdoor activities while being part of a supportive neighborhood. SMILAX blends rural appeal with necessary modern conveniences for an enriched lifestyle.
Current Market Conditions in Smilax, KY
The real estate market in SMILAX, KY is currently experiencing steady growth, with a consistent demand for housing due to its appealing lifestyle and low cost of living. Prices have been rising moderately, making it an attractive spot for both homeowners and investors.
Investors can find a variety of housing options, from charming older homes to new builds, accommodating different preferences and budgets. The area's commitment to maintaining its community charm while enhancing infrastructure supports a positive long-term investment outlook.
Home Value Estimator For Smilax, KY
There are currently 150 real estate properties
in Smilax, KY,
with a median automated valuation model (AVM) price
of $99,427.00. 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 $111,824.00, with the most expensive house
in Smilax, KY, topping out
at $508,526.00 and the cheapest home
in Smilax, KY,
clocking in at $21,822.00. 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.
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