Knott County, KY

Land Market Insights and Pricing in Knott County, Kentucky

On average, land listings in Knott County, KY have a lot size of 49 acres and are priced around $258,218. The median price per acre in Knott County, KY is $8,368.
Market Trends
Properties for Sale
32
Total Acreage for Sale
538 ac
Median Lot Size
23 ac
Average Lot Size
49 ac
Median List Price
$249,000
Average List Price
$258,218
Median Price Per Acre
$8,368 / ac
Total Price Reductions
Median Days on Market
148 days
Average Days on Market
7,329 days

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About Knott County, KY
Knott County, Kentucky, offers a rugged Appalachian landscape with vast forested areas and dramatic elevation changes. The 353 square miles of predominantly mountainous terrain is dissected by the Carr Fork of the Kentucky River and its tributaries, creating deep valleys and gorges. Home to the largest elk herd east of the Mississippi, with 5,700 free-ranging elk, Knott County is a haven for wildlife enthusiasts and outdoor adventurers. The county's history of coal mining has shaped its economic landscape, with a shift towards recreation and conservation evident in attractions like the Mine Made Adventure Park. While the median home price of $74,600 is significantly lower than the national average, potential land buyers should note the county's high unemployment rate of 11.6% and a poverty rate of 21.6%. Despite these challenges, Knott County's natural beauty and recreational opportunities make it an intriguing destination for those seeking affordable mountain acreage in Kentucky.

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Disclaimer: The metrics displayed on this page are calculated based on listings advertised on the Land Network for properties over 10 acres, excluding commercial properties. The data reflects the characteristics and trends of these specific types of listings. If you have any questions or need more detailed information, please contact Customer Support.