Morgan County, KY

Land Market Insights and Pricing in Morgan County, Kentucky

On average, land listings in Morgan County, KY have a lot size of 73 acres and are priced around $375,961. The median price per acre in Morgan County, KY is $4,223.
Market Trends
Properties for Sale
45
Total Acreage for Sale
2,246 ac
Median Lot Size
49.5 ac
Average Lot Size
72.5 ac
Median List Price
$279,900
Average List Price
$375,961
Median Price Per Acre
$4,223 / ac
Total Price Reductions
1 property
Median Days on Market
153 days

Land for Sale in Morgan County,

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About Morgan County, KY
Morgan County, Kentucky, offers a rugged Appalachian landscape characterized by steep, forested hills and narrow valleys carved by the Licking River. Part of the Daniel Boone National Forest, its 300 square miles of land present diverse opportunities for nature enthusiasts and outdoor recreation. The terrain severely limits large-scale agriculture and development, with the most viable land found along river floodplains. Property taxes at 0.76% are slightly below the national average. With a low population density of 37 people per square mile, Morgan County provides ample space for potential land development or preservation. The county's economy is primarily driven by educational services and healthcare, with limited manufacturing and retail sectors. Prospective buyers should note the area's very low resilience to natural disasters, as assessed by FEMA, when considering land investments in this scenic but challenging region.

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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.