Martin County Land Prices: $1,355 Per Acre (2025 Analysis)
In Kentucky, land prices can vary significantly from one county to another. On average, an acre of land in Kentucky costs $28,673. However, if you're looking for the most affordable option, Martin County stands out as the cheapest at $1,355 per acre.
In contrast, Jessamine County is the most expensive with an average price of $160,443 per acre. This report will guide you through the land market in Martin County, including current listings, market demand, and appreciation trends.
Current Cheap Land Listings in Martin County (Updated Mar 2025)
As of Mar 05, 2025, there are 4 active listings in Martin County with the cheapest price per acre.
Here are some of the listings with the lowest price per acre:
| Address | Price | Lot Size | Price Per Acre | Link |
|---|---|---|---|---|
| 1567 Calf Crk | $35,000 | 60.0 acres | $583 | View Listing |
| 0 White Rd | $49,999 | 25.0 acres | $2,000 | View Listing |
| 4908 Tomahawk Rd | $12,000 | 2.0 acres | $6,000 | View Listing |
Additionally, here are the listings with the absolute lowest price:
| Address | Price | Lot Size | Price Per Acre | Link |
|---|---|---|---|---|
| 4908 Tomahawk Rd | $12,000 | 2.0 acres | $6,000 | View Listing |
| 1567 Calf Crk | $35,000 | 60.0 acres | $583 | View Listing |
| 0 Hode Rd | $42,000 | 2.2 acres | $18,834 | View Listing |
Market Demand Analysis for Martin County
- Active Listings: 4
- Pending Sales: 0
- Sold (Last 12 months): 2
- Total Listings: 6
- Turnover Ratio: 50.0%
The turnover ratio (number of sold listings / number of active listings) in Martin County is 50%, which is lower the state average of 126%. This indicates that land in Martin County is less in demand compared to other parts of the state.
Relative to the number of parcels, land in Martin County is less in demand than the state average of 0.18%. Here's a table showing the number of parcels, sold listings, and ratio for Martin County and the top 3 counties:
| County | Parcels | Sold Listings | Sold/Parcel Ratio |
|---|---|---|---|
| Martin County | 7,261 | 2 | 0.03% |
| Stewart County | 12,584 | 95 | 0.75% |
| Washington County | 6,984 | 41 | 0.59% |
| Garrard County | 10,795 | 55 | 0.51% |
Land Parcel Analysis
Relative to the number of parcels, land in Martin County is less in demand than the state average of 0.18%. Here's how Martin County's land market activity compares to the state average:
- Total Land Parcels in Martin County: 7,261
- Percentage of Parcels Sold (Last 12 months): 0.03%
- State Average Percentage Sold: 0.18%
How Quickly Does Land Sell in Martin County?
- Land in Martin County sells faster than the state average.
- Median Days on Market in Martin County: 50 days
- State Average: 151 days
This means that when land is listed for sale in Martin County, it typically takes 50 days to find a buyer.
Best Land Brokers and Realtors in Martin County
If you're looking for professional assistance in purchasing land, here are some of the top brokers and realtors in Martin County who have sold the most land in Kentucky over the last 12 months.
| Broker | Phone | Transactions | Total Volume | Avg DOM |
|---|---|---|---|---|
| Whitetail Properties Real Estate Llc | 42 | $26,514,104 | 98 days | |
| Coldwell Banker Legacy Group | 270-782-2250 | 70 | $10,624,300 | 171 days |
| Exp Realty, Llc | 888-624-6448 | 71 | $9,416,161 | 146 days |
| Weichert Realtors-H. Barry Smith Co. | 502-633-2746 | 33 | $9,359,483 | 264 days |
| Lifstyl Real Estate | 859-278-7501 | 27 | $7,660,350 | 330 days |
| Keller Williams First Choice Realty | 270-782-1811 | 77 | $7,102,569 | 120 days |
| Re/Max Executive Group, Inc. | 270-769-1655 | 41 | $7,047,057 | 186 days |
| Keller Williams Commonwealth | 859-721-2121 | 72 | $6,679,800 | 133 days |
| Lenihan Sotheby'S International Realty | 502-899-2129 | 16 | $6,620,580 | 198 days |
| Noel Auctioneers And Real Estate Advisors | 859-612-9175 | 8 | $6,511,450 | 70 days |
Source
Data from this article comes from the LandScraper Platform.
The LandScraper Platform simplifies and automates the boring parts of land market research to help you find better markets, make better decisions - all while saving time and saving money.
