Living in Smilax, KY
Smilax, KY, is a picturesque small town that provides a peaceful rural lifestyle amidst beautiful natural landscapes. The community is welcoming and enjoys various outdoor activities, local events, and access to nearby amenities. Perfect for those seeking a quiet place to call home.
Current Market Conditions in Smilax, KY
The real estate market in Smilax remains stable, driven by a combination of affordable housing prices and an increasing interest in rural living as more people seek to escape urban environments. The market is seeing a moderate level of activity, particularly among first-time homebuyers and those looking for investment properties.
With its strong community ties and flourishing local services, Smilax is appealing to families and retirees alike, contributing to steady demand for homes throughout the area.
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 $95,463.00. 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 $112,338.00, with the most expensive house
in Smilax, KY, topping out
at $496,987.00 and the cheapest home
in Smilax, KY,
clocking in at $22,097.00. 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.
Learn more on Foreclosure homes
