THE APPEAL OF REAL ESTATE & Lifestyles in Kentucky

The pandemic has encouraged many people to seek residency in states with abundant natural beauty, laid-back towns, and affordable lifestyle options. Kentucky has recently opened many eyes on all accounts and has become a popular relocation destination in the American South.

There is a lot to love about life in Kentucky. This picturesque state is framed by the Appalachian Mountains and boasts gorgeous scenery, a unique history, and a vibrant culture. Let’s explore some of the best aspects of the Kentucky lifestyle that makes it a hotspot for real estate buyers.

Affordability

Those who plan a move to Kentucky are likely to initially notice that home prices are moderate. In recent years, the U.S. has experienced a real estate surge that has priced many out of more competitive markets, but Kentucky prices remain affordable. Redfin reports that the median sales price of a home in Kentucky is currently about $230,000, making it one of the most affordable states in the country.

Many of Kentucky’s cities have real estate listings at prices even lower than the statewide median. For example, Oil Springs is a charming small town, home to a population of just under 1,000. It is known for its scenic natural settings and friendly community that make it an excellent place to live, and according to Realtor.com, the median listing price of a home in this city is currently $195,000.