Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 48,043 ↓ 0.5% since 2020 |
| Median Household Income | $60,659 19% below national median |
| Median Home Value | $126,300 |
| Unemployment Rate | 6.6% |
| Median Age | 42.4 years |
| Housing Vacancy Rate | 12.5% |
| Total Land Sales (Past 12 Months) | 81 transactions |
| Active Listings | 57 properties |
| Avg Days on Market | 565 days |
Rural Land Sales (1+ Acres) (Jun 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $7,254 |
| Recent Sales | 48 transactions |
| Avg Days on Market | 591 days |
| Avg Parcel Size | 17.80 acres |
| Active Listings | 27 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Feb 2026 | 81.00 | $210,000 | $2,593 | Ashland |
| Jan 2026 | 1.11 | $35,000 | $31,532 | Ashland |
| Nov 2025 | 68.30 | $185,000 | $2,709 | Catlettsburg |
| Nov 2025 | 2.00 | $52,000 | $26,000 | Ashland |
| Nov 2025 | 8.87 | $575,000 | $64,825 | Ashland |
| Nov 2025 | 3.08 | $32,500 | $10,569 | Ashland |
| Oct 2025 | 11.24 | $47,500 | $4,226 | Ashland |
| Sep 2025 | 1.00 | $30,000 | $29,943 | Catlettsburg |
| Jun 2025 | 2.23 | $17,000 | $7,623 | Rush |
| Jun 2025 | 1.19 | $72,000 | $60,504 | Ashland |
Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $6,000 |
| Recent Sales | 33 transactions |
| Avg Days on Market | 528 days |
| Avg Parcel Size | 0.50 acres |
| Active Listings | 30 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Mar 2026New | 0.99 | $40,000 | Ashland |
| Jan 2026 | 0.73 | $35,000 | Ashland |
| Nov 2025 | 0.38 | $3,000 | Ashland |
| Oct 2025 | 0.10 | $3,300 | Ashland |
| Sep 2025 | 0.29 | $350 | Ashland |
| Sep 2025 | 0.14 | $24,000 | Ashland |
| Sep 2025 | 0.97 | $11,500 | Catlettsburg |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 48,043 |
| Population (2020) | 48,261 |
| Population Growth | -0.45% |
| Median Household Income | $60,659 |
| Median Home Value | $126,300 |
| Total Housing Units | 21,731 |
| Vacant Housing Units | 2,715 |
| Housing Vacancy Rate | 12.5% |
| Median Age | 42.4 |
| Bachelor's Degree or Higher | 3,572 (7.4%) |
| Unemployment Rate (BLS) | 4.2% |
Market Overview
Boyd County, Kentucky has a population of 48,043, which has declined 0.45% since 2020. The median household income is $60,659, below the national median of $74,580 by 18.7%. With a median home value of $126,300 and an unemployment rate of 4.2%, the local economy is moderate. The housing vacancy rate of 12.5% suggests soft market conditions. The county's location in Kentucky makes it accessible for investors and developers seeking rural land. Recent rural land sales show a median price of $7,254 per acre, with properties averaging 17.80 acres. There are currently 57 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Boyd County, Kentucky?
As of the 2023 American Community Survey, Boyd County has a population of 48,043. The county has declined 0.45% since the 2020 Census.
What is the median household income in Boyd County?
The median household income in Boyd County is $60,659, which is 18.7% below the national median of $74,580.
Is Boyd County growing or shrinking?
Boyd County is shrinking. The population has declined 0.45% since 2020.
What is the housing market like in Boyd County?
The median home value in Boyd County is $126,300. The housing vacancy rate is 12.5%, which suggests soft market conditions. The unemployment rate is 4.2%, indicating a moderate local economy. Recent rural land sales (1+ acres) show a median price of $7,254 per acre. Suburban/urban lots under 1 acre have a median lot price of $6,000.
Does Reelvest buy land in Boyd County, Kentucky?
Yes! Reelvest Properties buys vacant land throughout Kentucky, including Boyd County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.