Comprehensive market data and analysis• Updated Oct 2026
15.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 1 |
| 1-2 acres | - | - | 2 | 3 |
| 2-5 acres | 1 | 2 | 3 | 3 |
| 5-10 acres | 1 | 1 | 3 | 4 |
| 10-20 acres | - | 3 | 4 | 6 |
| 20-50 acres | - | - | 1 | 3 |
| 50-100 acres | - | - | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 6 | 15 | 21 |
Acreage buckets
The median price for land in Spencer County, Kentucky is currently $20K per acre. For a typical parcel, the median sale price is $128K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $42K while premium lots reached $315K.
Spencer County, Kentucky is currently a strong buyer's market with 15.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Spencer County, Kentucky currently has 15.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Over the past 12 months, Spencer County, Kentucky saw 24 properties sold, totaling $3.9M in sales volume. In just the last 3 months, 6 properties changed hands.
The current absorption rate in Spencer County, Kentucky is 6.7% (3-month basis), indicating slow demand. The top-performing broker in this market is All Care Real Estate.
There are currently 30 active listings in Spencer County, Kentucky. 14 new listings have hit the market in the last 90 days. The median asking price is $150K.
The median land price in Spencer County, Kentucky stands at $128K. This translates to roughly $20K per acre for the typical parcel size. The average price is $164K, indicating some higher-priced properties pulling up the average.
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 Spencer County on LandyDandy.
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