Land Market Insights and Pricing in Fayette County, Kentucky

Fayette County, Kentucky, offers a diverse landscape of rolling hills and fertile valleys characteristic of the Bluegrass Region. With 284 square miles of land, the county boasts rich limestone bedrock contributing to its highly productive soil, ideal for agriculture and the renowned equine industry. The Lexington-Fayette Metropolitan Statistical Area anchors the region, blending urban development with rural charm. Property taxes align with the national average at 0.89%, while the median home price of $272,100 presents attractive opportunities for land buyers. The county's strong educational and healthcare sectors, coupled with a labor force participation rate of 67.9%, underscore its economic vitality. Traversed by major highways like I-75 and I-64, Fayette County provides excellent accessibility, making it an appealing destination for those seeking land with a balance of natural beauty and economic promise.