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Pikeville, Kentucky Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
37
Sold (12M)
3
Median Price
$63K
Market Condition
Strong Buyer's Market

Pikeville, Kentucky Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$63K
Avg Price/Acre
$217K
Avg Days on Market
181
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
8

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres---2
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0002
📊 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 acres2 sold / 14 listed
1-2 acres0 sold / 9 listed
2-5 acres0 sold / 2 listed
5-10 acres0 sold / 1 listed
10-20 acres0 sold / 2 listed
20-50 acres0 sold / 2 listed
50-100 acres0 sold / 4 listed
100+ acres0 sold / 3 listed

Median Price by Acreage

$0$31K$63K
0- 1

Acreage buckets

Key Market Indicators

Total Sales Volume
$220K
Last 12 months
Active Listings
37
Current inventory
Avg Days on Market
181
Time to sell
Price Trend (YoY)
-
Year over year

Pikeville, Kentucky Land Market Analysis

How much is land worth in Pikeville, Kentucky?

The median price for land in Pikeville, Kentucky is currently $217K per acre. For a typical parcel, the median sale price is $63K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $63K while premium lots reached $89K.

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

There are currently 37 active listings in Pikeville, Kentucky. 8 new listings have hit the market in the last 90 days. The median asking price is $74K.

What is the absorption rate for land in Pikeville, Kentucky?

The 12-month rate is 0.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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

Over the past 12 months, Pikeville, Kentucky saw 3 properties sold, totaling $220K in sales volume.

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

The top-performing broker in this market is Century 21 American Way Realty.

What is the median land price in Pikeville, Kentucky?

The median land price in Pikeville, Kentucky stands at $63K. This translates to roughly $217K per acre for the typical parcel size. The average price is $73K, indicating some higher-priced properties pulling up the average.

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

Land in Pikeville, Kentucky typically sells within 181 days of listing. The median time on market is 181 days. Properties are moving slowly in the current strong buyer's market.

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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