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Drakesboro, Kentucky Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
9
Sold (12M)
1
Median Price
$12K
Market Condition
Strong Buyer's Market

Drakesboro, Kentucky Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$12K
Avg Price/Acre
$30K
Avg Days on Market
15
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
8

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres---1
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0001
📊 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 acres1 sold / 4 listed
1-2 acres0 sold / 1 listed
2-5 acres0 sold / 1 listed
50-100 acres0 sold / 2 listed
100+ acres0 sold / 1 listed

Median Price by Acreage

$0$6K$12K
0- 1

Acreage buckets

Key Market Indicators

Total Sales Volume
$12K
Last 12 months
Active Listings
9
Current inventory
Avg Days on Market
15
Time to sell
Price Trend (YoY)
-
Year over year

Drakesboro, Kentucky Land Market Analysis

How much is land worth in Drakesboro, Kentucky?

The median price for land in Drakesboro, Kentucky is currently $30K per acre. For a typical parcel, the median sale price is $12K. Recently, the cheapest land sold for $12K while premium lots reached $12K.

What is the total land for sale in Drakesboro, Kentucky?

There are currently 9 active listings in Drakesboro, Kentucky. 8 new listings have hit the market in the last 90 days. The median asking price is $15K.

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

The top-performing broker in this market is Eaves Realty Auc-KW 1st Choice.

What is the absorption rate for land in Drakesboro, Kentucky?

The 12-month rate is 0.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the total amount sold in Drakesboro, Kentucky last year?

Over the past 12 months, Drakesboro, Kentucky saw 1 properties sold, totaling $12K in sales volume.

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

Land in Drakesboro, Kentucky typically sells within 15 days of listing. The median time on market is 15 days. Properties are moving quickly in the current strong buyer's market.

What is the average price per acre in Drakesboro, Kentucky?

Land in Drakesboro, Kentucky averages $30K per acre. The median price per acre is $30K, which may be more representative of typical transactions. Most parcels sold are around 17,424 sq ft.

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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