Foreclosure Homes in Wilmore, KY

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$201,759 EMV
$180,515 EMV

3 Bed | 1 Bath | 1,100 Sq. Ft.

$187,571 EMV

3 Bed | 1 Bath | 1,026 Sq. Ft.

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Home Value Estimator For Wilmore, KY

There are currently 1,868 real estate properties in Wilmore, KY, with a median automated valuation model (AVM) price of $189,200.00. 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 $216,626.00, with the most expensive house in Wilmore, KY, topping out at $1,627,700.00 and the cheapest home in Wilmore, KY, clocking in at $42,900.00. 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 $1,121.00. 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 $1,050.00. 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.

Foreclosure Homes in Wilmore, KY

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Wilmore, KY area at Get information on foreclosure homes for rent, how to buy foreclosures in Wilmore, KY and much more. Save thousands at closing with home foreclosure listings in Wilmore, KY — up to 75% off market value!

Top Reasons To Live In Wilmore, KY In 2022

Wilmore is located in Jessamine, Kentucky, with an estimated municipal population of 6,435 residents. All of the best foreclosed homes for sale in Wilmore are located in the following zip code areas on 40356 40390. The estimated population per square kilometer (.62 miles) in Wilmore is 612.

Cost Of Living In Wilmore, KY

So, about how much do homes cost in Wilmore? The most recent median value of resident-owned homes in Wilmore is 164,297. An estimated 48.3 percent of households in Wilmore own their homes, with an average family size of 3.33. The median household income in Wilmore is 50,662, with18.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Wilmore, the median commute time of resident workers (in minutes) is 17.5. And last, but certainly not least, are you looking for homes to rent in Wilmore? If so, the average rent price paid by renters in Wilmore is 718, according to recent statistics.

Diversity And Demographics In Wilmore, Kentucky

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Wilmore, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Wilmore is 26.5, split between 48 percent male versus 52 female. The percentage of residents who report being married in Wilmore is 37, with an average family size of 3.33.

The percentage of residents who report their race in Wilmore is as follows:

White 86%
Black / African American 5.1%
Asian 2.9%
American Indian / Alaskan Native 2.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.2%
Other 0.6%

Looking for family-friendly neighborhoods in and/or near Wilmore? Or maybe you are searching for 55+ active adult communities in and/or near Wilmore?

The percentage of residents who report their age in Wilmore is as follows:

Under 10 14.8%
Aged 10-19 18.7%
20s 21.5%
30s 10.3%
40s 7%
50s 9.4%
60s 7.1%
70s 4.8%
80+ 6.2%

Best Schools In Wilmore, Kentucky

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Wilmore with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Wilmore.

Pros And Cons Of Living In Wilmore, Kentucky

How do you know that living in -- or moving to -- Wilmore is right where you need to be? Perhaps you grew up in Wilmore or already live nearby; therefore, the decision to buy a home in Wilmore is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Wilmore for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Wilmore:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Wilmore.

Reasons To Move To Wilmore, Kentucky, In 2022

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Wilmore can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Wilmore, meanwhile, can field multiple offers from more qualified buyers.

Wilmore, KY Foreclosures


Listing types in Wilmore, KY

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