Campbellsville, KY

Campbellsville is a small town in Kentucky with a population of just over 10,000. It is located in the southeastern part of the state and is home to several businesses and industries, including agriculture, manufacturing, and tourism. The city's economy is based largely on real estate.

The real estate market in Campbellsville has seen steady growth over the past few years. According to data from the Kentucky Association of Realtors (KAR), the median sale price for homes in Campbellsville was $130,000 in 2016. This figure has increased by more than 20% since 2015, when the median sale price was $106,500. In addition, KAR data shows that there were more than 1,000 sales transactions in Campbellsville during 2016 – an increase of more than 50% from 2015.

One reason for this growth may be that Campbellsville offers a variety of housing options – from single-family homes to apartments and condos – at prices that are reasonable compared to other areas of Kentucky. Additionally, Campbellsville has strong job prospects and a low unemployment rate (3%). This makes it an attractive place to live and invest in property.

There are several factors that could affect the future performance of the real estate market in Campbellsville. For example, if interest rates rise significantly or if there are any major changes in economic conditions elsewhere in Kentucky or nationally, this could lead to slower sales activity or even decreased prices for homes in the city. However, given its strong fundamentals – including stable economic conditions and a growing population – it seems likely that the real estate market will continue to grow rapidly in Campbellsville over the next few years