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Independence, Kentucky Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
12
Sold (12M)
33
Median Price
$150K
Market Condition
Seller's Market

Independence, Kentucky Market Meter

Buyer'sSeller's
Seller's Market

5.1 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$150K
Avg Price/Acre
$51K
Avg Days on Market
173
Months of Supply
5.1
YoY Price Change
-
New Listings (3M)
4

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-2614
1-2 acres-111
2-5 acres-358
5-10 acres---2
10-20 acres--11
20-50 acres----
50-100 acres----
100+ acres----
TOTAL061326
📊 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 acres14 sold / 12 listed
1-2 acres1 sold / 0 listed
2-5 acres8 sold / 0 listed
5-10 acres2 sold / 0 listed
10-20 acres1 sold / 0 listed

Median Price by Acreage

$0$1.6M$3.2M
0- 1
1- 2
2- 5
5- 10
10- 20

Acreage buckets

Key Market Indicators

Total Sales Volume
$10.0M
Last 12 months
Active Listings
12
Current inventory
Avg Days on Market
173
Time to sell
Price Trend (YoY)
-
Year over year

Independence, Kentucky Land Market Analysis

How much is land worth in Independence, Kentucky?

The median price for land in Independence, Kentucky is currently $51K per acre. For a typical parcel, the median sale price is $150K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $32K while premium lots reached $426K.

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

Independence, Kentucky is currently a seller's market with 5.1 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.

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

Independence, Kentucky currently has 5.1 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.

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

Over the past 12 months, Independence, Kentucky saw 33 properties sold, totaling $10.0M in sales volume. In just the last 3 months, 7 properties changed hands.

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

The current absorption rate in Independence, Kentucky is 19.4% (3-month basis), indicating strong demand. The top-performing broker in this market is Sozo Realty.

What is the median land price in Independence, Kentucky?

The median land price in Independence, Kentucky stands at $150K. This translates to roughly $51K per acre for the typical parcel size. The average price is $302K, indicating some higher-priced properties pulling up the average.

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

Land in Independence, Kentucky typically sells within 173 days of listing. The median time on market is 103 days. Properties are moving slowly in the current seller's market.

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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