Comprehensive market data and analysis• Updated Oct 2026
5.5 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 3 | 5 | 6 | 13 |
| 1-2 acres | - | 1 | 9 | 11 |
| 2-5 acres | - | 1 | 3 | 8 |
| 5-10 acres | 1 | 1 | 2 | 5 |
| 10-20 acres | 1 | 1 | 4 | 7 |
| 20-50 acres | 1 | 3 | 5 | 6 |
| 50-100 acres | - | - | 3 | 5 |
| 100+ acres | - | - | - | - |
| TOTAL | 6 | 12 | 32 | 55 |
Acreage buckets
The median price for land in Mercer County, Kentucky is currently $28K 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 $18K while premium lots reached $408K.
Mercer County, Kentucky is currently a seller's market with 5.5 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Mercer County, Kentucky currently has 5.5 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
The current absorption rate in Mercer County, Kentucky is 18.3% (3-month basis), indicating strong demand. The top-performing broker in this market is RM McGinnis, LLC Real Est & Auction Professionals.
The 3-month absorption rate in Mercer County, Kentucky is 18.3%. The 12-month rate is 20.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Mercer County, Kentucky stands at $65K. This translates to roughly $28K per acre for the typical parcel size. The average price is $145K, indicating some higher-priced properties pulling up the average.
Land in Mercer County, Kentucky averages $49K per acre. The median price per acre is $28K, which may be more representative of typical transactions. Most parcels sold are around 2.3 acres.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Mercer County on LandyDandy.
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