Land Market Insights and Pricing in Henry County, Kentucky

Henry County, Kentucky, offers a diverse landscape of 286 square miles, featuring varied terrain with elevated areas in the east and central regions, transitioning to flatter land suitable for agriculture in the west. The county borders the Kentucky River, providing potential waterfront property opportunities. With an effective property tax rate of 0.82%, close to the national average, Henry County has become an increasingly important exurb since the 1990s. The area boasts several unincorporated communities like Bethlehem and Port Royal, offering unique land buying prospects in less developed areas. Major highways, including Interstate 71 and US Route 421, enhance accessibility throughout the county. Henry's economic profile, characterized by a low unemployment rate of 3.9% and a median home price of $181,300, reflects a stable market for land investment. The county's varied topography supports diverse land uses, from agriculture to forestry and recreation, making it an attractive destination for potential buyers seeking Kentucky acreage.