Land Market Insights and Pricing in Garrard County, Kentucky

Garrard County, Kentucky, offers a diverse landscape of 230 square miles, featuring rolling hills of the Bluegrass region and the rugged Knobs terrain in the southeast. The Kentucky River and its tributaries meander through the county, providing vital water resources and shaping the land. With a mix of prime agricultural areas in flatter valleys and forested hills, Garrard appeals to various land interests. The county seat, Lancaster, founded near a natural spring, hints at the area's abundant water supply. Interstate 75 and US Route 27 ensure excellent accessibility. While the median home price of $186,800 is attractive, potential buyers should note the 6.1% unemployment rate and 13.7% family poverty rate. Garrard's property tax rate of 0.72% falls below the national average, offering a slight advantage for landowners.