Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 37,882 ↑ 2.1% since 2020 |
| Median Household Income | $51,854 30% below national median |
| Median Home Value | $181,200 |
| Unemployment Rate | 4.4% |
| Median Age | 35.4 years |
| Housing Vacancy Rate | 16.3% |
| Total Land Sales (Past 12 Months) | 200 transactions |
| Active Listings | 123 properties |
| Avg Days on Market | 482 days |
Rural Land Sales (1+ Acres) (Dec 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $8,974 |
| Recent Sales | 137 transactions |
| Avg Days on Market | 474 days |
| Avg Parcel Size | 15.00 acres |
| Active Listings | 92 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026New | 5.00 | $50,000 | $10,000 | Almo |
| Mar 2026New | 2.98 | $100,000 | $33,557 | New Concord |
| Mar 2026New | 2.92 | $9,500 | $3,253 | Murray |
| Feb 2026 | 17.50 | $110,000 | $6,286 | Hazel |
| Feb 2026 | 29.04 | $249,000 | $8,574 | Murray |
| Feb 2026 | 2.80 | $20,000 | $7,143 | Murray |
| Jan 2026 | 9.00 | $42,335 | $4,704 | New Concord |
| Jan 2026 | 63.49 | $201,500 | $3,174 | Murray |
| Dec 2025 | 1.61 | $27,000 | $16,770 | Murray |
| Dec 2025 | 14.32 | $88,000 | $6,145 | Kirksey |
Suburban/Urban Land Sales (Under 1 Acre) (Oct 2025 – Nov 2025)
| Metric | Value |
|---|---|
| Median Lot Price | $14,000 |
| Recent Sales | 63 transactions |
| Avg Days on Market | 500 days |
| Avg Parcel Size | 0.50 acres |
| Active Listings | 31 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Nov 2025 | 0.50 | $5,500 | New Concord |
| Nov 2025 | 0.74 | $29,800 | Murray |
| Oct 2025 | 0.74 | $6,000 | New Concord |
| Oct 2025 | 0.50 | $200,000 | Murray |
| Oct 2025 | 0.44 | $5,500 | Murray |
| Oct 2025 | 0.39 | $25,000 | Murray |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 37,882 |
| Population (2020) | 37,103 |
| Population Growth | 2.1% |
| Median Household Income | $51,854 |
| Median Home Value | $181,200 |
| Total Housing Units | 18,034 |
| Vacant Housing Units | 2,948 |
| Housing Vacancy Rate | 16.3% |
| Median Age | 35.4 |
| Bachelor's Degree or Higher | 4,131 (10.9%) |
| Unemployment Rate (BLS) | 4.0% |
Market Overview
Calloway County, Kentucky has a population of 37,882, which has grown 2.1% since 2020. The median household income is $51,854, below the national median of $74,580 by 30.5%. With a median home value of $181,200 and an unemployment rate of 4.0%, the local economy is struggling. The housing vacancy rate of 16.3% suggests soft market conditions. As part of Kentucky, Calloway County benefits from the state's growing interest in vacant land investment. Recent rural land sales show a median price of $8,974 per acre, with properties averaging 15.00 acres. There are currently 123 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Calloway County, Kentucky?
As of the 2023 American Community Survey, Calloway County has a population of 37,882. The county has grown 2.1% since the 2020 Census, indicating a growing community.
What is the median household income in Calloway County?
The median household income in Calloway County is $51,854, which is 30.5% below the national median of $74,580.
Is Calloway County growing or shrinking?
Calloway County is growing. The population has increased 2.1% since 2020.
What is the housing market like in Calloway County?
The median home value in Calloway County is $181,200. The housing vacancy rate is 16.3%, which suggests soft market conditions. The unemployment rate is 4.0%, indicating a struggling local economy. Recent rural land sales (1+ acres) show a median price of $8,974 per acre. Suburban/urban lots under 1 acre have a median lot price of $14,000.
Does Reelvest buy land in Calloway County, Kentucky?
Yes! Reelvest Properties buys vacant land throughout Kentucky, including Calloway 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.