Westwood, KY Foreclosures
How much do homes sell for in Westwood, KY?
The average home price is currently $156,581.
What’s the average rental cost in Westwood, KY?
The average rental price in Westwood is $924.
What is the most expensive home in Westwood?
The most expensive home sold in Westwood had a price of $368,818.
What is currently the cheapest priced home in Westwood, KY?
The cheapest home for sale in Westwood is priced at $14,440.
Living in Westwood, KY
Westwood, KY is a serene suburb known for its family-friendly atmosphere and strong community spirit. With beautiful parks and convenient access to major highways, residents enjoy a perfect blend of tranquility and connectivity. This location is ideal for those seeking a peaceful lifestyle while remaining close to urban amenities.
Current Market Conditions in Westwood, KY
Westwood's real estate market has remained stable over the past year, reflecting a moderate level of buyer activity. The demand for single-family homes has been consistent, with prices experiencing a gradual upward trend. The area is attracting first-time homebuyers and families seeking the quality of life that Westwood offers, contributing to a balanced market overall.
In the previous month, the real estate landscape in Westwood saw a noticeable increase in listings, which provided buyers with more options. The average home price has slightly increased, but the competitive nature of the market remains due to favorable mortgage rates. Local agents suggest that prompt decision-making is necessary for prospective buyers to secure homes in this desirable community.
Home Value Estimator For Westwood, KY
There are currently 14 real estate properties
in Westwood, KY,
with a median automated valuation model (AVM) price
of $165,413.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Westwood, 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 Westwood, KY,
is $156,581.00, with the most expensive house
in Westwood, KY, topping out
at $368,818.00 and the cheapest home
in Westwood, KY,
clocking in at $14,440.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Westwood, KY!
Rent Prices
In Westwood, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Westwood, KY, is on
a rollercoaster ride. The
average rent price in Westwood, KY,
is $924.00. Indeed, when looking to rent in
Westwood, KY, you can expect to pay as little
as $560.00 or as much
as $1,350.00,
with the average rent median estimated to
be $910.00. The good news is that finding
an affordable and desirable property to rent in Westwood, 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
