Three Reasons to Invest in Land in Kentucky

Land in Kentucky
If you’re in the market for some land, whether it be to build a new home or to make an investment, there’s one state you don’t want to overlook: Kentucky read more...

Kentucky

At LandHub we have a large selection of land for sale in Kentucky. Check out the different types of land available including acreage, ranches, rural properties, hunting land, and more. Start looking in Kentucky for land for sale today with the help of LandHub. Not only does Kentucky have some of America's most attractive land above ground it has spectacular property below ground as well. The state is laced with limestone caves and the Mammoth Cave system is the longest in the world. Property with explored and unexplored underground passageways still comes on the market in Kentucky and there are even courses taught in Cave Management at Western Kentucky University for nascent spelunkers. Chances are if you are seeking land in Kentucky you have water on the brain. There are more navigable waterways and streams in Kentucky than any other state and you will find the two largest man-made lakes east of the Mississippi River here as well. Whether it is for boating, bird hunting or planting crops, water is likely to be a part of rural land purchases in Kentucky. And of course, that pure spring water filtered through limestone is what makes distilled Kentucky bourbon world famous. The horse farms in the Bluegrass Region of central Kentucky are rightfully fabled for their beauty and they occasionally appear on the market as well - usually with a ten-figure price tag waving from the front gate. The regal landscape skews the average property values in the state, which are affordable in the Appalachian Mountains of the Cumberland Plateau to the east and the Mississippi Plateau to the south and west. For those who like their land on the quirky side, consider buying north of the Ohio River. While mighty Ohio creates the northern border of Kentucky the state boundaries are set by the historical course of the river as it flowed in 1792. As Ohio has shifted through the decades it has left parts of Kentucky, including a racetrack, stranded on the Indiana side of the river.

Frequently Asked Questions

Kentucky is a state situated in the eastern central region of the United States. Kentucky is a commonwealth state along with the other states of Virginia, Massachusetts, and Pennsylvania. Frankfort is the capital of Kentucky. Louisville, Lexington, Owensboro, Covington, Hopkinsville, and Richmond are some famous cities.

Some Facts About Kentucky

  1. The oldest horse race in the country, the Kentucky Derby, is held in this state. The race is held on the first Saturday of May in Churchill Downs. Bluegrass Country has given the world the finest racehorses.
  2. Mammoth Cave National Park is the country's second-oldest tourist attraction only after Niagara Falls in New York. Mammoth Cave is the longest cave in the world.
  3. Kentucky Fried Chicken, better known as KFC, opened its first outlet in Kentucky.
  4. The state is nicknamed Bluegrass because it produces a species of grass that looks blue.
  5. The only city to be built in a meteor crater in Middlesboro.
  6. High Bridge, in Nicholasville, is known for having the highest railroad bridge in the entire country.
  7. The Lost River Cave in Bowling Green is the world's deepest shortest and underground river.
  8. Pike County is believed to be the world's largest producer of coal.
  9. Kentucky has 120 counties which makes it 3rd/4th largest in terms of counties.

Why Should One Buy A Property/House In Kentucky?

Kentucky is known for its diverse environment and beauty. The state is known for several things such as The Louisville Slugger Museum, Bullet Bourbon Distillery, Waverley Sanitarium (most haunted place in the USA), UPS's largest airport hub, and horse farms. Kentucky offers a wide variety of employment opportunities and is a fine place to live. People are generous and always eager to help people.

How Is the Climate in Kentucky?

According to Köppen: Cfa, Kentucky has a humid subtropical climate, however, some areas have an oceanic climate too. Temperature varies from 87 °F in summers to 23 °F in winters. The state experiences four seasons. Summers are hot and humid along with frequent rains. Winters are cold and snowy. The mean rainfall is 46 inches.

What Is The Cost Of Living In Kentucky?

Kentucky is relatively cheaper than other states in the US. It has a cost of living index of 83.5. An index above 100 means the state is cheap whereas anything below indicates the state is on average cheaper than other states. Housing plays a major role in bringing down the index.

How Is The Real Estate Market Holding Up in Kentucky?

The Kentucky real estate market is really hot right now. Kentucky has been setting records when it comes to the number of sales of housing units. The average home value is $149,300. This is up 4.8% from last year. It is anticipated that prices are going to rise by 3.5% in 2020. According to recently collected data, the average listed price in Kentucky is $194,900, the average rent price is $1,145, and the average selling price is $157,700.

What Are Some Recreational Activities To Do In Kentucky?

There are many interesting things that can be done in Kentucky. The state is a collection of numerous outdoor activities. It offers a wide variety from astonishing waterfalls to breathtaking hiking trails. Paddle Boarding and off-roading are popular. Red River Gorge Zipline is a popular activity for the adventurous.

How Much Is One Acre Of Land Worth In Kentucky?

The value of one acre of land in Kentucky is $7,209. The average value of the same in the United State is $6,500.