Comprehensive market data and analysis• Updated Dec 2025
39.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 2 |
| 1-2 acres | - | - | - | 2 |
| 2-5 acres | - | 1 | 1 | 1 |
| 5-10 acres | - | - | 1 | 1 |
| 10-20 acres | - | - | - | 3 |
| 20-50 acres | - | 1 | 1 | 2 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | 1 | 1 |
| TOTAL | 0 | 2 | 5 | 12 |
Acreage buckets
The median price for land in Smiths Grove, Kentucky is currently $14K per acre. For a typical parcel, the median sale price is $85K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $48K while premium lots reached $226K.
Smiths Grove, Kentucky is currently a strong buyer's market with 39.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Smiths Grove, Kentucky currently has 39.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Over the past 12 months, Smiths Grove, Kentucky saw 12 properties sold, totaling $1.6M in sales volume. In just the last 3 months, 2 properties changed hands.
The median land price in Smiths Grove, Kentucky stands at $85K. This translates to roughly $14K per acre for the typical parcel size. The average price is $131K, indicating some higher-priced properties pulling up the average.
The current absorption rate in Smiths Grove, Kentucky is 2.6% (3-month basis), indicating slow demand. The top-performing broker in this market is RE/MAX Real Estate Executives.
Land in Smiths Grove, Kentucky typically sells within 128 days of listing. The median time on market is 98 days. Properties are moving slowly in the current strong buyer's market.
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.
