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Foreclosures in Wilmore, KY

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Wilmore, KY Foreclosures

How much do homes sell for in Wilmore, KY?
The average home price is currently $320,593.
In Wilmore, KY, how many homes are available?
There are currently 7 active home listings available in Wilmore.
What’s the average rental cost in Wilmore, KY?
The average rental price in Wilmore is $1,135.
What is the most expensive home in Wilmore?
The most expensive home sold in Wilmore had a price of $3,398,670.
What is currently the cheapest priced home in Wilmore, KY?
The cheapest home for sale in Wilmore is priced at $19,958.

Living in Wilmore, KY

Wilmore is a charming small town located in Jessamine County, Kentucky, known for its friendly community and lush landscapes. The area is popular among families and individuals seeking a tranquil lifestyle, while also being home to Asbury University, which contributes to the vibrant atmosphere. With several parks and recreational opportunities, Wilmore is a great place for outdoor enthusiasts.

Current Market Conditions in Wilmore, KY

The real estate market in Wilmore has been characterized by a stable demand, mainly due to the town's appealing lifestyle and proximity to Lexington. Home prices have shown consistent growth, making it an ideal place for both first-time buyers and those looking to invest in rental properties.

Recently, new construction has also contributed to the supply of homes, offering modern designs while still fitting within the character of the community. Many buyers are attracted to the affordability of homes compared to surrounding urban areas, which has led to an uptick in new residents.

Home Value Estimator For Wilmore, KY

There are currently 2,124 real estate properties in Wilmore, KY, with a median automated valuation model (AVM) price of $273,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wilmore, 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 Wilmore, KY, is $320,593.00, with the most expensive house in Wilmore, KY, topping out at $3,398,670.00 and the cheapest home in Wilmore, KY, clocking in at $19,958.00. In other words, there’s something for every potential homebuyer or savvy investor in Wilmore, KY!

Rent Prices In Wilmore, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wilmore, KY, is on a rollercoaster ride. The average rent price in Wilmore, KY, is $1,135.00. Indeed, when looking to rent in Wilmore, KY, you can expect to pay as little as $430.00 or as much as $2,440.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Wilmore, 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.

Wilmore, KY Foreclosures

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