Comprehensive market data and analysis• Updated Dec 2025
5.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | 1 | 1 | 1 | 2 |
| 10-20 acres | - | 1 | 1 | 1 |
| 20-50 acres | 1 | 1 | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 3 | 3 | 6 |
Acreage buckets
The median price for land in Morgantown, Kentucky is currently $7K per acre. For a typical parcel, the median sale price is $65K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $35K while premium lots reached $118K.
Morgantown, Kentucky is currently a seller's market with 5.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have decreased 57.6% year-over-year.
Morgantown, Kentucky currently has 5.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
Land in Morgantown, Kentucky averages $11K per acre. The median price per acre is $7K, which may be more representative of typical transactions. Most parcels sold are around 9.0 acres.
Over the past 12 months, Morgantown, Kentucky saw 6 properties sold, totaling $435K in sales volume. In just the last 3 months, 3 properties changed hands.
The 3-month absorption rate in Morgantown, Kentucky is 20.0%. The 12-month rate is 10.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Morgantown, Kentucky stands at $65K. This translates to roughly $7K per acre for the typical parcel size. The average price is $73K, indicating some higher-priced properties pulling up the average.
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.
