The state of Kentucky has over 4.5 million residents, with an average cost of real estate at $155,151. With an affordable property pricing median compared to other states, Kentucky is a practical location for new homebuyers, business owners, and real estate investors who want to reduce upfront costs.
The Bluegrass State is known for its rural landscapes, making it a contributing factor to its thriving agricultural production markets, including Christmas trees, livestock, and agritourism destinations. Whether you're searching for residential or commercial properties, Kentucky has a wide range of real estate available.
Louisville is Kentucky's largest city with a mix of urban and suburban neighborhoods, ideal for rental properties. Its low vacancy rate and growing population can provide multiple cash flow sources in this populous area.
Lexington is more rural, with vast horse farms attracting tourists and outdoor recreation for locals. It's also home to the University of Kentucky, where multi-family properties near campus provide a consistent demand due to student housing.
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