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Hopkinsville, Kentucky Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
21
Sold (12M)
35
Median Price
$48K
Market Condition
Buyer's Market

Hopkinsville, Kentucky Market Meter

Buyer'sSeller's
Buyer's Market

10.5 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$48K
Avg Price/Acre
$35K
Avg Days on Market
63
Months of Supply
10.5
YoY Price Change
-10.0%
New Listings (3M)
9

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M24M36M
0-1 acres158152939
1-2 acres112369
2-5 acres--161014
5-10 acres--1238
10-20 acres----35
20-50 acres---388
50-100 acres--1366
100+ acres------
TOTAL2613326589
📊 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 acres15 sold / 5 listed
1-2 acres3 sold / 2 listed
2-5 acres6 sold / 5 listed
5-10 acres2 sold / 1 listed
10-20 acres0 sold / 1 listed
20-50 acres3 sold / 4 listed
50-100 acres3 sold / 1 listed

Median Price by Acreage

$0$225K$450K
0- 1
1- 2
2- 5
5- 10
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$7.4M
Last 12 months
Active Listings
21
Current inventory
Avg Days on Market
63
Time to sell
Price Trend (YoY)
-10.0%
Year over year

Hopkinsville, Kentucky Land Market Analysis

How much is land worth in Hopkinsville, Kentucky?

The median price for land in Hopkinsville, Kentucky is currently $35K per acre. For a typical parcel, the median sale price is $48K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $9K while premium lots reached $480K.

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

Hopkinsville, Kentucky is currently a buyer's market with 10.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 10.0% year-over-year.

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

Hopkinsville, Kentucky currently has 10.5 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.

What is the median land price in Hopkinsville, Kentucky?

The median land price in Hopkinsville, Kentucky stands at $48K. This translates to roughly $35K per acre for the typical parcel size. The average price is $210K, indicating some higher-priced properties pulling up the average.

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

The 3-month absorption rate in Hopkinsville, Kentucky is 9.5%. The 12-month rate is 13.9%. 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 Hopkinsville, Kentucky last year?

Over the past 12 months, Hopkinsville, Kentucky saw 35 properties sold, totaling $7.4M in sales volume. In just the last 3 months, 6 properties changed hands.

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

Land in Hopkinsville, Kentucky averages $128K per acre. The median price per acre is $35K, which may be more representative of typical transactions. Most parcels sold are around 1.3 acres.

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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