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Lee County, Kentucky Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
32
Sold (12M)
19
Median Price
$65K
Market Condition
Strong Buyer's Market

Lee County, Kentucky Market Meter

Buyer'sSeller's
Strong Buyer's Market

24.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$65K
Avg Price/Acre
$6K
Avg Days on Market
102
Months of Supply
24.0
YoY Price Change
+782.4%
New Listings (3M)
13

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres---1
1-2 acres-111
2-5 acres--16
5-10 acres---1
10-20 acres-113
20-50 acres---3
50-100 acres1223
100+ acres---1
TOTAL14519
📊 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 acres1 sold / 6 listed
2-5 acres6 sold / 8 listed
5-10 acres1 sold / 2 listed
10-20 acres3 sold / 2 listed
20-50 acres3 sold / 5 listed
50-100 acres3 sold / 1 listed
100+ acres1 sold / 4 listed

Median Price by Acreage

$0$5.5M$11.0M
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$12.7M
Last 12 months
Active Listings
32
Current inventory
Avg Days on Market
102
Time to sell
Price Trend (YoY)
+782.4%
Year over year

Lee County, Kentucky Land Market Analysis

How much is land worth in Lee County, Kentucky?

The median price for land in Lee County, Kentucky is currently $6K per acre. For a typical parcel, the median sale price is $65K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $17K while premium lots reached $268K.

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

Lee County, Kentucky is currently a strong buyer's market with 24.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 782.4% year-over-year.

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

Lee County, Kentucky currently has 24.0 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 average price per acre in Lee County, Kentucky?

Land in Lee County, Kentucky averages $8K per acre. The median price per acre is $6K, which may be more representative of typical transactions. Most parcels sold are around 10.0 acres.

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

Over the past 12 months, Lee County, Kentucky saw 19 properties sold, totaling $12.7M in sales volume. In just the last 3 months, 4 properties changed hands.

What is the absorption rate for land in Lee County, Kentucky?

The 3-month absorption rate in Lee County, Kentucky is 4.2%. The 12-month rate is 5.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in Lee County, Kentucky?

The median land price in Lee County, Kentucky stands at $65K. This translates to roughly $6K per acre for the typical parcel size. The average price is $670K, indicating some higher-priced properties pulling up the average.

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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