Comprehensive market data and analysis
We're showing Kentucky County statistics below to give you a broader market picture. As more transactions occur in Bledsoe, Kentucky, we'll update with specific local data.
View nearby areas with more activity:
16.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for Bledsoe, Kentucky | ||||||
The median price for land in the Kentucky area is currently $19K per acre. For a typical parcel, the median sale price is $65K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $14K while premium lots reached $330K.
the Kentucky area is currently a strong buyer's market with 16.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 5.6% year-over-year.
the Kentucky area currently has 16.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Land in the Kentucky area averages $872K per acre. The median price per acre is $19K, which may be more representative of typical transactions. Most parcels sold are around 2.3 acres.
The current absorption rate in the Kentucky area is 6.3% (3-month basis), indicating slow demand. With appreciating values (+5.6% YoY), the market shows growth potential. The top-performing broker in this market is CENTURY 21 Advantage Realty.
There are currently 6,147 active listings in the Kentucky area. 1,793 new listings have hit the market in the last 90 days. The median asking price is $75K.
The 3-month absorption rate in the Kentucky area is 6.3%. The 12-month rate is 6.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
