Mercer County, KY

Land Market Insights and Pricing in Mercer County, Kentucky

On average, land listings in Mercer County, KY have a lot size of 36 acres and are priced around $647,740. The median price per acre in Mercer County, KY is $20,000.
Market Trends
Properties for Sale
160
Total Acreage for Sale
967 ac
Median Lot Size
20 ac
Average Lot Size
35.8 ac
Median List Price
$595,000
Average List Price
$647,740
Median Price Per Acre
$20,000 / ac
Total Price Reductions
Median Days on Market
60 days
Average Days on Market
93 days

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About Mercer County, KY
Mercer County, Kentucky, offers a diverse landscape for land buyers, characterized by the rolling hills of the Bluegrass region and the dramatic Kentucky River Palisades along its eastern border. The county's 253 square miles encompass fertile agricultural land in the central and western portions, ideal for livestock and horse farming, while the eastern area features rugged, forested terrain. Herrington Lake, a significant water resource, provides recreational opportunities and potential for lakefront properties. Harrodsburg, the county seat and first chartered city in Kentucky, anchors the region with its historical significance. With an unemployment rate of 2.9%, below the national average, and property taxes at 0.82%, Mercer County presents an economically stable environment for land investment. The county's well-connected highway network, including US Routes 127 and 68, ensures easy access to surrounding cities and enhances the appeal of Mercer's varied land offerings.

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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.