Fayette County, KY Home Values & Market Trends

The median home price in Fayette County, KY is $255,763.63. There were 4,639 home sales in Fayette County, KY over the past 12 months. The median residential Fayette County, KY home value for transactions over the previous year is $270,006.26. The number of current listings in Fayette County, KY is 538, and the percentage of properties for sale is 538.00%. The county has 73 foreclosures, 1 bank owned properties, 24 headed for auction, and 538 properties for sale.

Fayette County, KY Real Estate Market Overview

CityMedian Est. Value
Lexington

$ 292,417

$ 160/sqft

Housing Market Summary for Fayette County, KY

Mar 2023February 2024Change
Median Listing Price$308.8K$268.7K-12.99%
Median Sold Price$259.7K$268.7K3.46%
Homes For Sale450446-0.89%
Homes Sold1,5482,17540.50%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Fayette County, KY

Fayette County, KY home values range from $19,128 to $34,111,370. Lexington is the priciest city with a median listing home price of $335,000, and Lexington is most affordable with average house prices of around $335,000.

Foreclosure
There is 1 cities within Fayette County, KY; within this cities, the median estimated home value for homes in foreclosure ranges from $1,500,000 in Lexington to the lowest value of $36,570 in Lexington. Foreclosure homes account for 0.00% of properties in Fayette County, KY with Lexington containing 73 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.05% of all residential properties in Fayette County, KY with Lexington containing 48 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within Fayette County, KY; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,500,000 in Lexington to the lowest home value of $79,169 in Lexington.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Fayette County, KY ranges from the highest value of $79,000 in Lexington to the lowest value of $79,000 in Lexington. Bank owned homes and properties account for 0.00% of properties in Fayette County, KY. There is 1 cities within Fayette County, KY; Lexington containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Lexington has 24 auction properties, the highest number of properties going to auction in a single city in the state of Fayette County, KY. Auction homes and other auction properties account for 0.02% of all properties in Fayette County, KY. There is 1 cities within Fayette County, KY; of that cities, the median estimated home value for homes going to auction ranges from $367,500 in Lexington to the lowest value of $36,570 in Lexington.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.55% of residential properties in Fayette County, KY with Lexington containing 538 homes for sale, the highest number of listed properties in a single city. There is 1 cities within Fayette County, KY; homes for sale in that cities, have a range of median values from $3,373,904 in Lexington to the lowest value of $20,622 in Lexington.
    Sold Homes
    The median value for recently sold homes ranges from $2,610,920 in Lexington to the lowest price of $23,885 in Lexington. There is 1 cities within Fayette County, KY. Lexington has 2039 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.07% of properties in Fayette County, KY.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Fayette County, KY
      $
      $

      Guide for Fayette County, KY

      Market Reports
      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Home Buying Guides & Tips
      How Do You Buy a House if You’re Broke?
      See More Articles
      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Market Reports|posted 20 March 2024

      This blog post analyzes the rising trends in the Lexington, KY real estate market from March 2023 to February 2024, and compares them with surrounding cities.

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      How Do You Buy a House if You’re Broke?
      Home Buying Guides & Tips|posted 20 March 2024

      What can you do when you want to buy a house when you’re strapped for cash?