Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 8,749 ↑ 0.7% since 2020 |
| Median Household Income | $62,247 17% below national median |
| Median Home Value | $169,400 |
| Unemployment Rate | 3.5% |
| Median Age | 39.7 years |
| Housing Vacancy Rate | 13.6% |
| Total Land Sales (Past 12 Months) | 61 transactions |
| Active Listings | 9 properties |
| Avg Days on Market | 575 days |
Rural Land Sales (1+ Acres) (Jul 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $8,902 |
| Recent Sales | 52 transactions |
| Avg Days on Market | 570 days |
| Avg Parcel Size | 25.20 acres |
| Active Listings | 6 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Feb 2026 | 3.00 | $50,000 | $16,667 | Glencoe |
| Jan 2026 | 25.00 | $99,500 | $3,980 | Warsaw |
| Dec 2025 | 5.93 | $99,000 | $16,695 | Sanders |
| Nov 2025 | 13.06 | $85,000 | $6,508 | Sparta |
| Oct 2025 | 80.00 | $625,000 | $7,812 | Warsaw |
| Sep 2025 | 11.35 | $128,000 | $11,278 | Glencoe |
| Aug 2025 | 1.00 | $56,000 | $56,000 | Verona |
| Aug 2025 | 1.03 | $70,000 | $67,961 | Sparta |
| Aug 2025 | 1.00 | $20,000 | $20,000 | Verona |
| Jul 2025 | 1.50 | $55,500 | $37,000 | Sparta |
Suburban/Urban Land Sales (Under 1 Acre)
| Metric | Value |
|---|---|
| Median Lot Price | $33,000 |
| Recent Sales | 9 transactions |
| Avg Days on Market | 604 days |
| Avg Parcel Size | 0.50 acres |
| Active Listings | 3 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Jun 2025 | 0.68 | $33,000 | Sparta |
| Apr 2025 | 0.79 | $90,000 | Warsaw |
| Nov 2024 | 0.28 | $24,000 | Warsaw |
| Oct 2024 | 0.25 | $35,000 | Glencoe |
| Aug 2024 | 0.18 | $22,000 | Sparta |
| Jul 2024 | 0.84 | $50,000 | Sparta |
| Feb 2024 | 0.40 | $2,000 | Sparta |
| Dec 2023 | 0.31 | $28,000 | Warsaw |
| Mar 2023 | 0.46 | $104,400 | Warsaw |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 8,749 |
| Population (2020) | 8,690 |
| Population Growth | 0.68% |
| Median Household Income | $62,247 |
| Median Home Value | $169,400 |
| Total Housing Units | 3,763 |
| Vacant Housing Units | 513 |
| Housing Vacancy Rate | 13.6% |
| Median Age | 39.7 |
| Bachelor's Degree or Higher | 539 (6.2%) |
| Unemployment Rate | 3.5% |
Market Overview
Gallatin County, Kentucky has a population of 8,749, which has grown 0.68% since 2020. The median household income is $62,247, below the national median of $74,580 by 16.5%. The housing vacancy rate of 13.6% suggests soft market conditions. Gallatin County remains a key area for land acquisition in Kentucky. Recent rural land sales show a median price of $8,902 per acre, with properties averaging 25.20 acres. There are currently 9 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Gallatin County, Kentucky?
As of the 2023 American Community Survey, Gallatin County has a population of 8,749. The county has grown 0.68% since the 2020 Census, indicating a growing community.
What is the median household income in Gallatin County?
The median household income in Gallatin County is $62,247, which is 16.5% below the national median of $74,580.
Is Gallatin County growing or shrinking?
Gallatin County is growing. The population has increased 0.68% since 2020.
What is the housing market like in Gallatin County?
The median home value in Gallatin County is $169,400. The housing vacancy rate is 13.6%, which suggests soft market conditions. The unemployment rate is 3.5%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $8,902 per acre. Suburban/urban lots under 1 acre have a median lot price of $33,000.
Does Reelvest buy land in Gallatin County, Kentucky?
Yes! Reelvest Properties buys vacant land throughout Kentucky, including Gallatin 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.