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Carter County, Kentucky Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
38
Sold (12M)
28
Median Price
$80K
Market Condition
Strong Buyer's Market

Carter County, Kentucky Market Meter

Buyer'sSeller's
Strong Buyer's Market

22.8 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$80K
Avg Price/Acre
$4K
Avg Days on Market
77
Months of Supply
22.8
YoY Price Change
-54.7%
New Listings (3M)
7

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--25
1-2 acres--23
2-5 acres-112
5-10 acres1113
10-20 acres----
20-50 acres-246
50-100 acres--36
100+ acres-112
TOTAL151427
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres5 sold / 16 listed
1-2 acres3 sold / 3 listed
2-5 acres2 sold / 4 listed
5-10 acres3 sold / 6 listed
10-20 acres0 sold / 1 listed
20-50 acres6 sold / 4 listed
50-100 acres6 sold / 1 listed
100+ acres2 sold / 3 listed

Median Price by Acreage

$0$721K$1.4M
0- 1
1- 2
2- 5
5- 10
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$4.9M
Last 12 months
Active Listings
38
Current inventory
Avg Days on Market
77
Time to sell
Price Trend (YoY)
-54.7%
Year over year

Carter County, Kentucky Land Market Analysis

How much is land worth in Carter County, Kentucky?

The median price for land in Carter County, Kentucky is currently $4K per acre. For a typical parcel, the median sale price is $80K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $16K while premium lots reached $190K.

Is now a good time to buy land in Carter County, Kentucky?

Carter County, Kentucky is currently a strong buyer's market with 22.8 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 54.7% year-over-year.

What is the months of supply for land in Carter County, Kentucky?

Carter County, Kentucky currently has 22.8 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the total land for sale in Carter County, Kentucky?

There are currently 38 active listings in Carter County, Kentucky. 7 new listings have hit the market in the last 90 days. The median asking price is $55K.

What is the average price per acre in Carter County, Kentucky?

Land in Carter County, Kentucky averages $68K per acre. The median price per acre is $4K, which may be more representative of typical transactions. Most parcels sold are around 24.0 acres.

How long does it take to sell land in Carter County, Kentucky?

Land in Carter County, Kentucky typically sells within 77 days of listing. The median time on market is 53 days. Properties are moving at a moderate pace in the current strong buyer's market.

Is now a good time to invest in land in Carter County, Kentucky?

The current absorption rate in Carter County, Kentucky is 4.4% (3-month basis), indicating slow demand. With depreciating values (-54.7% YoY), buyers may find value opportunities. The top-performing broker in this market is Ross Real Estate Services.

Data Sources & Accuracy

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.

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