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Louisville, Kentucky Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
115
Sold (12M)
164
Median Price
$51K
Market Condition
Buyer's Market

Louisville, Kentucky Market Meter

Buyer'sSeller's
Buyer's Market

10.8 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$51K
Avg Price/Acre
$106K
Avg Days on Market
107
Months of Supply
10.8
YoY Price Change
-38.5%
New Listings (3M)
41

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres31553122
1-2 acres-4810
2-5 acres34710
5-10 acres-379
10-20 acres-235
20-50 acres1344
50-100 acres----
100+ acres----
TOTAL73182160
📊 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 acres122 sold / 73 listed
1-2 acres10 sold / 10 listed
2-5 acres10 sold / 15 listed
5-10 acres9 sold / 5 listed
10-20 acres5 sold / 3 listed
20-50 acres4 sold / 4 listed
50-100 acres0 sold / 2 listed

Median Price by Acreage

$0$178K$355K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$37.4M
Last 12 months
Active Listings
115
Current inventory
Avg Days on Market
107
Time to sell
Price Trend (YoY)
-38.5%
Year over year

Louisville, Kentucky Land Market Analysis

How much is land worth in Louisville, Kentucky?

The median price for land in Louisville, Kentucky is currently $106K per acre. For a typical parcel, the median sale price is $51K. 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 $384K.

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

Louisville, Kentucky is currently a buyer's market with 10.8 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 38.5% year-over-year.

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

Louisville, Kentucky currently has 10.8 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.

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

Land in Louisville, Kentucky typically sells within 107 days of listing. The median time on market is 41 days. Properties are moving at a moderate pace in the current buyer's market.

What is the median land price in Louisville, Kentucky?

The median land price in Louisville, Kentucky stands at $51K. This translates to roughly $106K per acre for the typical parcel size. The average price is $228K, indicating some higher-priced properties pulling up the average.

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

The current absorption rate in Louisville, Kentucky is 9.3% (3-month basis), indicating moderate demand. With depreciating values (-38.5% YoY), buyers may find value opportunities. The top-performing broker in this market is RE/MAX Properties East.

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

There are currently 115 active listings in Louisville, Kentucky. 41 new listings have hit the market in the last 90 days. The median asking price is $99K.

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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