Montgomery County, KY
Land Market Insights and Pricing in Montgomery County, Kentucky
On average, land listings in Montgomery County, KY have a lot size of 92 acres and are priced around $1,026,573. The median price per acre in Montgomery County, KY is $10,332.
Market Trends
Properties for Sale
95
Total Acreage for Sale
1,742 ac
Median Lot Size
55.6 ac
Average Lot Size
91.7 ac
Median List Price
$685,000
Average List Price
$1,026,573
Median Price Per Acre
$10,332 / ac
Total Price Reductions
—
Median Days on Market
112 days
Land for Sale in Montgomery County,
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About Montgomery County, KY
Montgomery County, Kentucky, offers a picturesque landscape of rolling hills and gentle valleys, characteristic of the Appalachian foothills. Spanning 197 square miles of land, the county is traversed by the North Fork of the Licking River and numerous streams, enhancing its agricultural potential. The terrain is well-suited for farming, particularly crops thriving in well-drained soils, while higher elevations boast forested areas ideal for recreation and wildlife. With a low population density of 114 people per square mile, Montgomery provides ample opportunities for rural and semi-rural properties. The county's strategic location, part of the Mount Sterling Micropolitan Area and the larger Lexington-Fayette–Richmond–Frankfort combined statistical area, offers land buyers proximity to urban amenities while maintaining a countryside atmosphere. Interstate 64 and U.S. Route 60 ensure excellent accessibility, connecting the region to major cities. Montgomery's property tax rate of 0.75% is slightly below the national average, potentially appealing to land investors.
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