From FoxBusiness.com…..
Low inventory is helping homes move quickly and driving property prices up in Louisville, Kentucky.
The number of active listings in Jefferson County, where Louisville is located, was down 37.48% as of Aug. 15, according to the Greater Louisville Association of Realtors.
Still, the number of homes sold in the county increased by 2.45% compared with August of 2019 to 1,255, and the median sale price increased 15.38% year-over-year to $225,000.
Louisville is best known for baseball bats and the bourbon and horse industries, but it’s also home to a number of major companies like GE Appliances and Yum! Brands, the parent of chains including KFC, Pizza Hut and Taco Bell.
Here’s a look at what you can get with a $650,000 budget in Louisville:
