Wayne County, KY
Land Market Insights and Pricing in Wayne County, Kentucky
On average, land listings in Wayne County, KY have a lot size of 123 acres and are priced around $523,551. The median price per acre in Wayne County, KY is $4,919.
Market Trends
Properties for Sale
202
Total Acreage for Sale
4,317 ac
Median Lot Size
48.9 ac
Average Lot Size
123.4 ac
Median List Price
$350,000
Average List Price
$523,551
Median Price Per Acre
$4,919 / ac
Total Price Reductions
—
Median Days on Market
149 days
Average Days on Market
4,982 days
Land for Sale in Wayne County,
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About Wayne County, KY
Wayne County, Kentucky, offers a diverse landscape spanning 484 square miles, with Lake Cumberland defining its northern and western borders. The rugged Cumberland Plateau dominates the interior, featuring steep, forested hillsides and narrow valleys. Part of the Daniel Boone National Forest lies within the county, providing ample opportunities for outdoor enthusiasts. The terrain limits large-scale agriculture and development, concentrating suitable land near Monticello, the county seat. With a property tax rate of 0.58%, below the national average, Wayne County appeals to land buyers seeking affordability. The area's rich Revolutionary War history adds heritage value to properties. While the median home price of $121,700 is attractive, prospective buyers should note the county's 17% poverty rate and limited employment opportunities, with education and manufacturing being the primary industries.
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