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New Hope, Kentucky Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
2
Sold (12M)
2
Median Price
$72K
Market Condition
Seller's Market

New Hope, Kentucky Market Meter

Buyer'sSeller's
Seller's Market

3.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$72K
Avg Price/Acre
$9K
Avg Days on Market
72
Months of Supply
3.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres----
5-10 acres1111
10-20 acres1111
20-50 acres----
50-100 acres----
100+ acres----
TOTAL2222
📊 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
5-10 acres1 sold / 0 listed
10-20 acres1 sold / 0 listed
20-50 acres0 sold / 1 listed
50-100 acres0 sold / 1 listed

Median Price by Acreage

$0$44K$88K
5- 10
10- 20

Acreage buckets

Key Market Indicators

Total Sales Volume
$143K
Last 12 months
Active Listings
2
Current inventory
Avg Days on Market
72
Time to sell
Price Trend (YoY)
-
Year over year

New Hope, Kentucky Land Market Analysis

How much is land worth in New Hope, Kentucky?

The median price for land in New Hope, Kentucky is currently $9K per acre. For a typical parcel, the median sale price is $72K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $58K while premium lots reached $85K.

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

New Hope, Kentucky is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.

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

New Hope, Kentucky currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.

What is the median land price in New Hope, Kentucky?

The median land price in New Hope, Kentucky stands at $72K. This translates to roughly $9K per acre for the typical parcel size.

What is the total amount sold in New Hope, Kentucky last year?

Over the past 12 months, New Hope, Kentucky saw 2 properties sold, totaling $143K in sales volume. In just the last 3 months, 2 properties changed hands.

What is the average price per acre in New Hope, Kentucky?

Land in New Hope, Kentucky averages $9K per acre. The median price per acre is $9K, which may be more representative of typical transactions. Most parcels sold are around 9.9 acres.

What is the total land for sale in New Hope, Kentucky?

There are currently 2 active listings in New Hope, Kentucky. The median asking price is $156K.

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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