Comprehensive market data and analysis• Updated Oct 2026
19.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | 2 | 2 | 2 |
| 2-5 acres | - | 1 | 2 | 2 |
| 5-10 acres | - | - | 1 | 2 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 3 | 5 | 6 |
Acreage buckets
The median price for land in Smithfield, Kentucky is currently $54K per acre. For a typical parcel, the median sale price is $77K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $60K while premium lots reached $114K.
Smithfield, Kentucky is currently a strong buyer's market with 19.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Smithfield, Kentucky currently has 19.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The 3-month absorption rate in Smithfield, Kentucky is 5.3%. The 12-month rate is 1.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Smithfield, Kentucky saw 4 properties sold, totaling $337K in sales volume. In just the last 3 months, 3 properties changed hands.
Land in Smithfield, Kentucky averages $50K per acre. The median price per acre is $54K, which may be more representative of typical transactions. Most parcels sold are around 1.7 acres.
There are currently 19 active listings in Smithfield, Kentucky. 4 new listings have hit the market in the last 90 days. The median asking price is $67K.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Smithfield on LandyDandy.
Browse land in Smithfield →Land investors and realtors list on LandyDandy for free. The Starter plan has no listing limit, and your dashboard shows the views, saves and buyer messages for every listing.
List your land free
