Best Places to Invest in Kentucky Real Estate
220 Kentucky markets ranked from our sold history and per-listing investment modeling. Tap a city for its cap rate, cash flow and price detail — then sign up to see the actual cash-flowing listings.
| City | Median price | Cap rate | Cash flow/mo | Appreciation YoY | Sold (12mo) |
|---|---|---|---|---|---|
| Louisville/Jefferson County metro government (balance) | $288,900 | 4.2% | $-520 | +1.2% | 5,352 |
| Lexington-Fayette | $352,500 | 3.9% | $-702 | +1.6% | 3,679 |
| Louisville | $225,000 | 4.9% | $-274 | +1.3% | 2,955 |
| Bowling Green | $296,900 | 3.3% | $-879 | -0.6% | 1,433 |
| Owensboro | $230,000 | 3.5% | $-591 | +4.8% | 994 |
| Richmond | $315,000 | 3.0% | $-903 | +4.5% | 971 |
| Georgetown | $349,900 | 3.8% | $-779 | +3.9% | 865 |
| Elizabethtown | $298,000 | 3.5% | $-791 | -3.4% | 721 |
| Nicholasville | $361,395 | 3.3% | $-931 | +5.8% | 705 |
| Covington | $244,500 | 4.9% | $-273 | +3.5% | 686 |
| Frankfort | $264,000 | 3.1% | $-742 | +2.5% | 608 |
| Paducah | $214,900 | 4.0% | $-466 | +1.1% | 539 |
| Shelbyville | $320,000 | 3.7% | $-766 | +0.6% | 532 |
| Union | $490,000 | 2.9% | $-1,399 | +1.4% | 493 |
| Florence | $275,500 | 4.2% | $-538 | +5.5% | 492 |
| Independence | $330,000 | 4.4% | $-596 | +7.9% | 452 |
| Winchester | $272,750 | 4.1% | $-509 | +1.0% | 424 |
| Somerset | $250,000 | 3.1% | $-836 | +9.1% | 383 |
| Jeffersontown | $300,000 | 4.3% | $-492 | +2.1% | 381 |
| Mount Washington | $314,900 | 3.3% | $-894 | +3.7% | 381 |
| Bardstown | $281,900 | 3.3% | $-716 | +2.2% | 379 |
| Berea | $267,750 | 2.9% | $-745 | -1.7% | 376 |
| Hopkinsville | $230,000 | 4.1% | $-438 | -2.0% | 370 |
| London | $209,500 | 2.4% | $-960 | +2.1% | 364 |
| Shepherdsville | $300,000 | 3.7% | $-692 | +1.6% | 361 |
| Burlington | $327,750 | 4.7% | $-433 | +2.8% | 330 |
| Murray | $241,750 | 3.4% | $-653 | +3.6% | 324 |
| Harrodsburg | $245,000 | 2.9% | $-864 | -2.9% | 322 |
| La Grange | $379,950 | 3.5% | $-1,012 | +4.0% | 322 |
| Radcliff | $249,900 | 3.4% | $-649 | +0.0% | 319 |
| Lawrenceburg | $270,000 | 3.0% | $-830 | -2.3% | 319 |
| Versailles | $382,966 | 3.5% | $-946 | +0.5% | 301 |
| Glasgow | $225,000 | 3.1% | $-609 | +3.8% | 296 |
| Corbin | $205,000 | 3.5% | $-514 | +1.6% | 287 |
| Franklin | $260,000 | 3.9% | $-570 | -1.7% | 283 |
| Danville | $256,000 | 3.0% | $-842 | +4.9% | 281 |
| St. Matthews | $350,000 | 4.2% | $-508 | -2.0% | 272 |
| Ashland | $169,900 | 6.1% | $-26 | +2.0% | 269 |
| Alexandria | $333,000 | 2.9% | $-1,102 | +4.0% | 262 |
| Burnside | $235,000 | 4.0% | $-443 | +3.4% | 259 |
| Prospect | $665,000 | 2.9% | $-2,025 | +4.6% | 255 |
| Benton | $200,000 | 3.8% | $-566 | +4.7% | 246 |
| Crestwood | $505,000 | 2.2% | $-1,790 | -0.3% | 239 |
| Vine Grove | $285,995 | 4.7% | $-401 | +0.3% | 236 |
| Erlanger | $255,000 | 4.0% | $-488 | +6.7% | 233 |
| Newport | $289,500 | 4.6% | $-441 | +2.6% | 232 |
| Russellville | $212,952 | 2.8% | $-796 | -2.6% | 227 |
| Cadiz | $225,000 | 3.2% | $-733 | +11.2% | 227 |
| Madisonville | $182,450 | 3.7% | $-443 | -2.8% | 218 |
| Cynthiana | $260,000 | 3.7% | $-663 | +8.0% | 216 |
| Walton | $328,000 | 4.2% | $-577 | +0.0% | 215 |
| Fort Thomas | $365,000 | 3.0% | $-1,048 | +0.9% | 210 |
| Oak Grove | $228,900 | 3.9% | $-497 | -1.3% | 199 |
| Campbellsville | $210,000 | 3.4% | $-534 | +0.4% | 195 |
| Taylorsville | $359,950 | 3.0% | $-1,040 | +1.6% | 193 |
| Francisville | $440,000 | 3.3% | $-1,073 | +6.3% | 171 |
| $177,780 | — | — | -2.9% | 169 | |
| Shively | $205,000 | 5.4% | $-166 | +7.5% | 164 |
| Monticello | $142,250 | 3.8% | $-447 | -5.3% | 160 |
| Leitchfield | $190,000 | 4.0% | $-423 | -6.6% | 158 |
| Middletown | $329,750 | 4.0% | $-684 | +8.2% | 154 |
| Hillview | $253,500 | 4.0% | $-639 | +0.5% | 146 |
| Lyndon | $339,500 | 3.7% | $-748 | -2.1% | 145 |
| Morehead | $213,900 | 4.2% | $-402 | -9.0% | 142 |
| Mt Sterling | $245,000 | 2.7% | $-865 | +3.5% | 138 |
| Russell Springs | $179,500 | 3.9% | $-457 | -4.5% | 136 |
| Oakbrook | $330,000 | 4.2% | $-606 | +8.1% | 134 |
| Doe Valley | $275,000 | 4.1% | $-620 | +3.3% | 125 |
| Stanford | $221,500 | 3.1% | $-642 | +14.9% | 122 |
| Villa Hills | $380,000 | 2.1% | $-2,149 | +3.1% | 120 |
| Pikeville | $202,195 | 2.9% | $-742 | -2.1% | 120 |
| Columbia | $166,000 | 2.8% | $-651 | -4.2% | 120 |
| Williamstown | $285,000 | 3.6% | $-612 | -4.4% | 114 |
| Owenton | $232,000 | 1.9% | $-934 | +9.8% | 113 |
| Taylor Mill | $284,500 | 4.4% | $-390 | +4.2% | 112 |
| East Bernstadt | $143,500 | 2.8% | $-740 | -4.4% | 112 |
| Dry Ridge | $268,413 | 2.2% | $-859 | +1.7% | 110 |
| Bellevue | $280,000 | 4.8% | $-361 | -1.7% | 109 |
| Springfield | $160,000 | 2.5% | $-824 | +3.4% | 107 |
| Mount Sterling | $249,000 | 3.4% | $-672 | +1.9% | 107 |
| Elsmere | $230,000 | 4.8% | $-288 | -5.9% | 105 |
| Auburn | $259,950 | 1.9% | $-992 | +0.0% | 104 |
| Smiths Grove | $277,450 | 2.6% | $-909 | +2.3% | 104 |
| Alvaton | $452,800 | 3.8% | $-907 | +1.3% | 103 |
| Calvert City | $181,500 | 2.5% | $-898 | +0.0% | 102 |
| Ludlow | $268,375 | 3.4% | $-644 | +7.1% | 102 |
| Hardinsburg | $188,000 | 3.2% | $-652 | -3.0% | 99 |
| Cold Spring | $257,500 | 3.2% | $-629 | +3.4% | 98 |
| Rineyville | $283,945 | 2.5% | $-962 | +3.5% | 96 |
| Dayton | $237,250 | 6.3% | $0 | +6.7% | 96 |
| Hodgenville | $210,000 | 4.4% | $-373 | -10.7% | 95 |
| Coxs Creek | $289,900 | 2.6% | $-877 | +1.1% | 95 |
| Goshen | $474,000 | 4.0% | $-1,059 | +2.0% | 93 |
| Hendron | $253,000 | 2.7% | $-821 | +12.8% | 93 |
| Jamestown | $190,500 | 2.1% | $-1,037 | +4.9% | 92 |
| Edgewood | $355,000 | 3.0% | $-1,145 | +8.4% | 92 |
| Grayson | $179,500 | 4.0% | $-419 | -2.4% | 91 |
| Hebron | $339,000 | 3.9% | $-794 | +3.8% | 90 |
| Fort Wright | $358,000 | 3.6% | $-797 | +13.9% | 89 |
| Eddyville | $220,000 | 4.5% | $-569 | +7.5% | 87 |
| Crescent Springs | $283,500 | 2.7% | $-1,189 | -4.4% | 87 |
| Simpsonville | $395,500 | 2.4% | $-1,170 | +2.0% | 86 |
| Douglass Hills | $360,500 | 4.0% | $-721 | -3.8% | 82 |
| Paris | $199,900 | 2.9% | $-945 | +8.4% | 81 |
| Lewisburg | $225,000 | 2.4% | $-923 | +2.2% | 81 |
| Brandenburg | $280,000 | 3.7% | $-719 | -2.5% | 81 |
| Stanton | $205,000 | 1.8% | $-984 | +22.3% | 80 |
| Mayfield | $162,000 | 3.5% | $-547 | +3.4% | 79 |
| Gilbertsville | $242,900 | 1.9% | $-1,292 | +4.4% | 77 |
| Hazard | $190,000 | 4.7% | $-235 | +16.1% | 75 |
| Reidland | $261,060 | 4.1% | $-420 | +4.9% | 74 |
| Fort Mitchell | $413,000 | 1.5% | $-1,984 | -5.1% | 74 |
| Highland Heights | $189,750 | 4.7% | $-256 | +1.5% | 74 |
| Southgate | $268,750 | 4.0% | $-558 | -5.8% | 74 |
| Catlettsburg | $195,000 | 3.2% | $-661 | +0.9% | 74 |
| Princeton | $155,000 | 5.7% | $-79 | -4.7% | 73 |
| Flatwoods | $158,000 | 5.0% | $-201 | +6.3% | 72 |
| Olive Hill | $155,000 | 4.5% | $-255 | -2.9% | 71 |
| Paintsville | $170,000 | 3.1% | $-528 | +12.2% | 70 |
| Prestonsburg | $175,000 | 3.3% | $-507 | +2.1% | 69 |
| Crittenden | $282,450 | 2.2% | $-1,281 | -3.6% | 68 |
| Wellington | $155,000 | 3.5% | $-424 | +0.3% | 68 |
| Irvington | $186,900 | 3.6% | $-456 | +15.9% | 67 |
| Eminence | $265,000 | 2.5% | $-877 | -2.9% | 67 |
| Wilmore | $320,000 | 0.9% | $-2,011 | -0.3% | 65 |
| Clarkson | $229,000 | 2.4% | $-806 | +0.0% | 65 |
| Carlisle | $206,000 | 3.6% | $-587 | +13.8% | 63 |
| Wilder | $197,001 | 2.8% | $-737 | +2.8% | 63 |
| Munfordville | $200,000 | 3.2% | $-629 | +5.8% | 63 |
| Elkton | $235,000 | 3.0% | $-789 | -0.6% | 62 |
| Massac | $260,000 | 4.0% | $-631 | +7.7% | 61 |
| Jeffersonville | $183,250 | 3.4% | $-575 | +1.0% | 60 |
| Falmouth | $177,500 | 3.7% | $-455 | -26.5% | 60 |
| Barbourville | $150,000 | 3.5% | $-454 | -1.7% | 59 |
| Morgantown | $235,000 | 2.1% | $-972 | +4.4% | 59 |
| Nancy | $90,000 | 3.5% | $-626 | +29.8% | 59 |
| Bloomfield | $250,000 | 2.2% | $-1,139 | +8.0% | 59 |
| West Liberty | $175,000 | 2.8% | $-707 | -0.9% | 57 |
| Mount Vernon | $179,900 | 3.3% | $-507 | +0.8% | 55 |
| Williamsburg | $175,200 | 3.6% | $-453 | -8.3% | 54 |
| Manchester | $126,250 | 2.9% | $-654 | -10.4% | 54 |
| Junction City | $266,000 | 2.3% | $-952 | +2.3% | 53 |
| Middlesborough | $164,800 | 5.0% | $-222 | +15.0% | 53 |
| Greenville | $165,000 | 3.4% | $-489 | +11.5% | 53 |
| Pewee Valley | $350,000 | 4.4% | $-669 | -0.8% | 53 |
| Caneyville | $154,485 | 2.8% | $-683 | +5.3% | 53 |
| Buckner | $537,500 | 3.6% | $-1,227 | +9.8% | 53 |
| Indian Hills | $722,500 | 2.0% | $-2,675 | -1.3% | 52 |
| Louisa | $142,500 | 4.2% | $-324 | -15.1% | 52 |
| Masonville | $279,500 | 4.4% | $-477 | -0.9% | 52 |
| Windy Hills | $410,000 | 3.4% | $-966 | +2.8% | 51 |
| Kuttawa | $236,250 | 1.3% | $-1,640 | +7.3% | 51 |
| Kevil | $204,250 | 1.9% | $-1,376 | -0.7% | 50 |
| Cecilia | $268,450 | 2.5% | $-866 | +20.9% | 50 |
| Crestview Hills | $275,000 | 3.2% | $-778 | -5.4% | 50 |
| Russell | $225,000 | 3.5% | $-548 | +14.4% | 49 |
| Greenup | $152,450 | 2.5% | $-629 | +7.3% | 48 |
| Campton | $247,500 | 0.6% | $-1,729 | +46.6% | 48 |
| Sadieville | $250,000 | 3.4% | $-1,021 | -13.9% | 48 |
| Owingsville | $206,000 | 2.2% | $-948 | +10.1% | 48 |
| Ledbetter | $12,240 | 5.8% | $-93 | -1.5% | 47 |
| Beattyville | $158,000 | 2.5% | $-845 | -38.6% | 47 |
| Vanceburg | $110,500 | 2.7% | $-796 | -2.7% | 46 |
| Fort Knox | $202,000 | 4.0% | $-598 | +1.9% | 46 |
| Pleasureville | $230,000 | 3.0% | $-759 | -28.9% | 46 |
| Elk Creek | $644,750 | 2.4% | $-1,652 | +1.0% | 46 |
| Corinth | $268,000 | 3.1% | $-780 | +9.8% | 45 |
| Carrollton | $229,500 | 2.8% | $-373 | -1.5% | 45 |
| Flemingsburg | $190,000 | 2.7% | $-722 | -5.4% | 44 |
| Hustonville | $241,500 | 1.9% | $-1,128 | +3.0% | 44 |
| Crab Orchard | $166,500 | 3.4% | $-552 | -15.3% | 43 |
| Lebanon Junction | $241,250 | 2.7% | $-797 | +5.3% | 42 |
| Clay City | $194,500 | 3.6% | $-552 | +0.4% | 42 |
| Science Hill | $224,950 | 3.4% | $-596 | -16.8% | 42 |
| Westwood | $154,750 | 5.7% | $-82 | -9.3% | 42 |
| Mckee | $180,000 | 2.6% | $-761 | +5.4% | 41 |
| Edmonton | $165,000 | 3.0% | $-717 | +17.5% | 41 |
| Hardin | $155,000 | 3.7% | $-526 | -18.8% | 41 |
| Stamping Ground | $295,000 | 4.0% | $-649 | +20.0% | 41 |
| Big Clifty | $207,500 | 4.1% | $-474 | +38.2% | 41 |
| Horse Cave | $165,000 | 4.0% | $-399 | +0.0% | 41 |
| Willisburg | $142,461 | 2.0% | $-1,152 | +2.1% | 41 |
| Albany | $51,500 | 2.6% | $-848 | -8.0% | 40 |
| Ekron | $302,500 | 3.4% | $-668 | -1.7% | 40 |
| Hurstbourne | $597,500 | 2.3% | $-2,359 | +5.7% | 40 |
| Farley | $154,000 | 5.9% | $-41 | -9.3% | 39 |
| Verona | $260,000 | 1.0% | $-2,603 | -5.9% | 39 |
| Eubank | $184,000 | 4.6% | $-276 | +7.9% | 39 |
| Bedford | $215,000 | 2.3% | $-1,118 | -9.7% | 39 |
| Heritage Creek | $335,950 | 4.3% | $-554 | -7.3% | 38 |
| Liberty | $193,500 | 3.0% | $-720 | +36.5% | 38 |
| Midway | $322,500 | 3.0% | $-1,172 | -0.5% | 38 |
| Upton | $220,000 | 3.0% | $-621 | +1.5% | 37 |
| New Haven | $290,000 | 2.7% | $-886 | +4.7% | 37 |
| Park Hills | $347,500 | 3.9% | $-687 | +2.3% | 36 |
| Brodhead | $178,950 | 4.2% | $-333 | -16.5% | 36 |
| Philpot | $344,950 | 2.5% | $-1,043 | -5.1% | 36 |
| Salyersville | $80,000 | 2.7% | $-626 | -7.6% | 35 |
| Lewisport | $205,000 | 3.5% | $-509 | -11.5% | 35 |
| Graymoor-Devondale | $375,000 | 4.2% | $-695 | +2.9% | 35 |
| Annville | $140,000 | 3.1% | $-529 | -15.3% | 35 |
| Bagdad | $261,500 | 1.1% | $-2,575 | -16.3% | 34 |
| Milton | $197,750 | 3.0% | $-923 | +13.1% | 34 |
| Park City | $190,200 | 3.2% | $-591 | -20.4% | 34 |
| Pioneer Village | $265,050 | 4.5% | $-476 | -3.8% | 34 |
| Maysville | $151,750 | 3.2% | $-532 | +4.4% | 34 |
| Summer Shade | $180,000 | 2.3% | $-1,076 | +12.0% | 33 |
| West Paducah | $299,900 | 4.0% | $-183 | +12.1% | 33 |
| Ferguson | $162,000 | 5.2% | $-181 | -14.1% | 33 |
| Anchorage | $925,000 | 0.8% | $-5,455 | -1.0% | 33 |
| Eastview | $243,744 | 2.8% | $-819 | -12.4% | 32 |
| Salvisa | $254,000 | 2.2% | $-1,160 | -7.0% | 32 |
| Smithfield | $452,750 | 1.5% | $-1,844 | -9.4% | 32 |
| Calhoun | $172,000 | 4.6% | $-247 | +14.8% | 32 |
| Waco | $277,450 | 2.5% | $-953 | +6.7% | 32 |
| Brownsville | $227,500 | 3.9% | $-506 | +12.6% | 32 |
| Central City | $164,900 | 4.5% | $-293 | +0.0% | 31 |
| Brooks | $255,000 | 3.0% | $-326 | +1.3% | 30 |
| Grand Rivers | $190,352 | 1.4% | $-1,568 | +5.7% | 30 |
| Fountain Run | $165,500 | 2.2% | $-982 | -27.3% | 30 |
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