Land Market Insights and Pricing in Pike County, Kentucky

Pike County, Kentucky's rugged Appalachian landscape spans 787 square miles, offering diverse land opportunities from forested mountains to river valleys. The county's terrain, shaped by the Levisa Fork of the Big Sandy River, supports timber resources and limited agriculture. With a 0.73% property tax rate, Pike balances rural charm and urban convenience, anchored by Pikeville and traversed by US Route 23. Despite challenges like a 6.2% unemployment rate and low disaster resilience, the area's natural beauty and vast fossil fuel reserves contribute to its economic potential, making it Kentucky's third-largest banking center with over $1 billion in assets.