Comprehensive market data and analysis• Updated Dec 2025
16.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | 3 | 7 | 20 |
| 2-5 acres | - | 3 | 3 | 10 |
| 5-10 acres | - | - | 2 | 4 |
| 10-20 acres | - | - | 1 | 2 |
| 20-50 acres | - | 1 | 1 | 4 |
| 50-100 acres | 1 | 2 | 2 | 4 |
| 100+ acres | - | - | - | 1 |
| TOTAL | 1 | 9 | 16 | 45 |
Acreage buckets
The median price for land in Garrard County, Kentucky is currently $25K per acre. For a typical parcel, the median sale price is $70K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $33K while premium lots reached $309K.
Garrard County, Kentucky 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 623.2% year-over-year.
Garrard County, Kentucky 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.
The median land price in Garrard County, Kentucky stands at $70K. This translates to roughly $25K per acre for the typical parcel size. The average price is $122K, indicating some higher-priced properties pulling up the average.
The 3-month absorption rate in Garrard County, Kentucky is 6.3%. The 12-month rate is 7.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Garrard County, Kentucky saw 45 properties sold, totaling $5.5M in sales volume. In just the last 3 months, 9 properties changed hands.
Land in Garrard County, Kentucky typically sells within 121 days of listing. The median time on market is 47 days. Properties are moving slowly in the current strong buyer's market.
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.
