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Russell Springs, Kentucky Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
128
Sold (12M)
58
Median Price
$22K
Market Condition
Strong Buyer's Market

Russell Springs, Kentucky Market Meter

Buyer'sSeller's
Strong Buyer's Market

27.4 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$22K
Avg Price/Acre
$11K
Avg Days on Market
121
Months of Supply
27.4
YoY Price Change
+251.8%
New Listings (3M)
15

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-51422
1-2 acres15820
2-5 acres1237
5-10 acres-113
10-20 acres--22
20-50 acres----
50-100 acres1123
100+ acres---1
TOTAL3143058
📊 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 acres22 sold / 75 listed
1-2 acres20 sold / 31 listed
2-5 acres7 sold / 12 listed
5-10 acres3 sold / 3 listed
10-20 acres2 sold / 3 listed
20-50 acres0 sold / 3 listed
50-100 acres3 sold / 0 listed
100+ acres1 sold / 1 listed

Median Price by Acreage

$0$198K$395K
0- 1
1- 2
2- 5
5- 10
10- 20
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$3.1M
Last 12 months
Active Listings
128
Current inventory
Avg Days on Market
121
Time to sell
Price Trend (YoY)
+251.8%
Year over year

Russell Springs, Kentucky Land Market Analysis

How much is land worth in Russell Springs, Kentucky?

The median price for land in Russell Springs, Kentucky is currently $11K per acre. For a typical parcel, the median sale price is $22K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $6K while premium lots reached $105K.

Is now a good time to buy land in Russell Springs, Kentucky?

Russell Springs, Kentucky is currently a strong buyer's market with 27.4 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 251.8% year-over-year.

What is the months of supply for land in Russell Springs, Kentucky?

Russell Springs, Kentucky currently has 27.4 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

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

The current absorption rate in Russell Springs, Kentucky is 3.6% (3-month basis), indicating slow demand. With appreciating values (+251.8% YoY), the market shows growth potential. The top-performing broker in this market is Weichert Realtors Ford Brothers, Inc..

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

Over the past 12 months, Russell Springs, Kentucky saw 58 properties sold, totaling $3.1M in sales volume. In just the last 3 months, 14 properties changed hands.

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

Land in Russell Springs, Kentucky typically sells within 121 days of listing. The median time on market is 80 days. Properties are moving slowly in the current strong buyer's market.

What is the average price per acre in Russell Springs, Kentucky?

Land in Russell Springs, Kentucky averages $42K per acre. The median price per acre is $11K, which may be more representative of typical transactions. Most parcels sold are around 1.3 acres.

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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