Comprehensive market data and analysis• Updated Dec 2025
16.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 3 |
| 1-2 acres | 1 | 2 | 2 | 2 |
| 2-5 acres | - | 1 | 4 | 8 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | 3 | 3 | 4 |
| 20-50 acres | - | - | 1 | 1 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | 1 | 1 |
| TOTAL | 1 | 6 | 12 | 20 |
Acreage buckets
The median price for land in Morehead, Kentucky is currently $10K per acre. For a typical parcel, the median sale price is $50K. 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 $217K.
Morehead, Kentucky is currently a strong buyer's market with 16.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Morehead, Kentucky currently has 16.5 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The median land price in Morehead, Kentucky stands at $50K. This translates to roughly $10K per acre for the typical parcel size. The average price is $92K, indicating some higher-priced properties pulling up the average.
Land in Morehead, Kentucky averages $84K per acre. The median price per acre is $10K, which may be more representative of typical transactions. Most parcels sold are around 3.0 acres.
Over the past 12 months, Morehead, Kentucky saw 20 properties sold, totaling $1.8M in sales volume. In just the last 3 months, 6 properties changed hands.
There are currently 33 active listings in Morehead, Kentucky. 15 new listings have hit the market in the last 90 days. The median asking price is $250K.
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.
