Kentucky’s Hottest Housing Markets
January 20, 2020 |
In the past 5 years, Kentucky’s real estate markets have grown into some of the strongest housing markets in the country. The Bluegrass State is known for more than country music, home cooking, and horse racing, which makes it a diverse market for homebuyers. Whether you’re an experienced real estate professional or considering starting your career as a real estate agent, here are 4 of Kentucky’s hottest housing markets.
Kentucky’s largest city sits on the Ohio River across the border from Indiana. Home to Churchill Downs, the Louisville Slugger Factory and Museum, and the University of Louisville, Louisville boasts a thriving local economy with plenty to do and see. Bustling nightlife and a vibrant restaurant scene guarantee residents with great entertainment any night of the week. Working professionals can pursue their careers at a Fortune 500 company or one of many small businesses. For prospective buyers, the historic Cherokee Seneca, Belknap, and Deer Park neighborhoods are great locations to invest in real estate.
Verona is one of the best areas for real estate agents who want to work in rural areas. Forests, hills, and hiking trails show off Kentucky’s natural beauty. Located in Northern Kentucky, Verona is a quick drive away from Louisville, Cincinnati, and Lexington, making it accessible for working professionals and outdoorsy types alike. Highly-rated public schools and a strong community of homeowners make Verona the perfect place to settle down with a family or invest in a summer getaway.
Located in the heart of Central Kentucky, Lexington is a thriving city with Southern hospitality. Home to the University of Kentucky, Lexington’s affordable cost of living and exceptional public school system make it an appealing market for young professionals and families seeking starter homes. Lexington feels more like a close-knit collection of neighborhoods rather than an urban center, which gives the city a homey feel. For those looking to purchase a home, Meadowthorpe and Liberty Heights are thriving nearby suburbs with promising housing markets.
Bowling Green is Kentucky’s third-largest city and home to the state’s second-largest university. Located near the Kentucky-Tennessee border, Bowling Green is a great place for working families and retirees. Companies like General Motors, Sun Products, and Fruit of the Loom have helped to maintain a local manufacturing economy. Cultural centers, museums, and outdoor attractions provide endless entertainment for visitors and residents alike. The Briarwood and Crestmoor neighborhoods are welcoming, affordable locations for homebuyers.
No matter what city you choose, Kentucky is a great place to invest in the future. Real estate agents can help prospective homebuyers find their perfect Kentucky home or getaway. If you’re wondering how to become a real estate agent, check out our real estate program and learn why over 1 million students have chosen Hondros as their real estate school.