Land Market Insights and Pricing in Owsley County, Kentucky

Owsley County, Kentucky, offers a rugged Appalachian landscape with 197 square miles of predominantly mountainous terrain, reaching elevations up to 1,730 feet. The South Fork of the Kentucky River winds through the county, its flood plains providing pockets of level land suitable for development and farming amidst the challenging topography. Part of the Daniel Boone National Forest lies within Owsley, offering recreational opportunities and potentially influencing surrounding land use. While the county's property tax rate of 0.7% is slightly below the national average, potential land buyers should note the area's economic challenges, including a high unemployment rate of 11.3% and a median home price of $79,900. The primary employment sectors are education, healthcare, and public administration, reflecting limited economic diversity. Access is provided by state highways KY 11 and KY 30, connecting the county seat of Booneville to smaller scattered communities.