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Preforeclosure Homes in Winchester, KY

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Winchester, KY Foreclosures

How much do homes sell for in Winchester, KY?
The average home price is currently $277,079.
In Winchester, KY, how many homes are available?
There are currently 5 active home listings available in Winchester.
What’s the average rental cost in Winchester, KY?
The average rental price in Winchester is $1,085.
What is the most expensive home in Winchester?
The most expensive home sold in Winchester had a price of $11,054,700.
What is currently the cheapest priced home in Winchester, KY?
The cheapest home for sale in Winchester is priced at $14,600.

Living in Winchester, KY

Winchester, KY, offers a blend of small-town charm with modern amenities. It features a vibrant community, a rich historical backdrop, and access to various recreational activities. The town's proximity to Lexington provides residents with the best of both worlds: quiet living and city conveniences.

Current Market Conditions in Winchester, KY

The real estate market in Winchester is seeing a notable influx of buyers interested in single-family homes, spurred by the town’s affordable housing prices compared to nearby cities. Inventory has remained relatively stable, with new listings appearing regularly, catering to both first-time homebuyers and those looking to downsize.

Recent trends indicate a shift towards more buyers seeking homes that accommodate remote work, with preferences leaning towards properties with larger outdoor spaces or dedicated office areas. However, competition still exists for well-maintained homes, especially those priced under the median market value.

Home Value Estimator For Winchester, KY

There are currently 13,559 real estate properties in Winchester, KY, with a median automated valuation model (AVM) price of $227,136.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Winchester, 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 Winchester, KY, is $277,079.00, with the most expensive house in Winchester, KY, topping out at $11,054,700.00 and the cheapest home in Winchester, KY, clocking in at $14,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Winchester, KY!

Rent Prices In Winchester, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Winchester, KY, is on a rollercoaster ride. The average rent price in Winchester, KY, is $1,085.00. Indeed, when looking to rent in Winchester, KY, you can expect to pay as little as $470.00 or as much as $2,640.00, with the average rent median estimated to be $1,070.00. The good news is that finding an affordable and desirable property to rent in Winchester, 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.

Winchester, KY Preforeclosure Homes


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