Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 74,885 ↓ 0.1% since 2020 |
| Median Household Income | $69,699 7% below national median |
| Median Home Value | $196,500 |
| Unemployment Rate | 3.3% |
| Median Age | 39.6 years |
| Housing Vacancy Rate | 6.7% |
| Total Land Sales (Past 12 Months) | 50 transactions |
| Active Listings | 25 properties |
| Avg Days on Market | 600 days |
Rural Land Sales (1+ Acres) (Apr 2025 – Jan 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $4,934 |
| Recent Sales | 44 transactions |
| Avg Days on Market | 594 days |
| Avg Parcel Size | 26.50 acres |
| Active Listings | 20 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Jan 2026 | 2.10 | $45,000 | $21,429 | Lewisport |
| Dec 2025 | 95.00 | $300,000 | $3,158 | Fordsville |
| Nov 2025 | 10.63 | $46,250 | $4,351 | Hawesville |
| Oct 2025 | 7.47 | $43,000 | $5,756 | Hawesville |
| Oct 2025 | 1.59 | $33,000 | $20,755 | Hawesville |
| Jul 2025 | 13.60 | $120,000 | $8,824 | Hawesville |
| Jul 2025 | 61.94 | $169,000 | $2,728 | Hawesville |
| May 2025 | 2.53 | $45,000 | $17,787 | Lewisport |
| Apr 2025 | 63.96 | $215,000 | $3,361 | Hawesville |
| Apr 2025 | 33.85 | $215,000 | $6,352 | Hawesville |
Suburban/Urban Land Sales (Under 1 Acre) (Feb 2026 – Feb 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $24,000 |
| Recent Sales | 6 transactions |
| Avg Days on Market | 644 days |
| Avg Parcel Size | 0.70 acres |
| Active Listings | 5 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Feb 2026 | 0.85 | $15,000 | Hawesville |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 9,032 |
| Population (2020) | 9,095 |
| Population Growth | -0.69% |
| Median Household Income | $66,836 |
| Median Home Value | $137,600 |
| Total Housing Units | 3,911 |
| Vacant Housing Units | 374 |
| Housing Vacancy Rate | 9.6% |
| Median Age | 41.5 |
| Bachelor's Degree or Higher | 668 (7.4%) |
| Unemployment Rate | 3.3% |
Market Overview
Hancock County, Kentucky has a population of 9,032, which has declined 0.69% since 2020. The median household income is $66,836, below the national median of $74,580 by 10.4%. The housing vacancy rate of 9.6% suggests balanced 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 $4,934 per acre, with properties averaging 26.50 acres. There are currently 25 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Hancock County, Kentucky?
As of the 2023 American Community Survey, Hancock County has a population of 9,032. The county has declined 0.69% since the 2020 Census.
What is the median household income in Hancock County?
The median household income in Hancock County is $66,836, which is 10.4% below the national median of $74,580.
Is Hancock County growing or shrinking?
Hancock County is shrinking. The population has declined 0.69% since 2020.
What is the housing market like in Hancock County?
The median home value in Hancock County is $137,600. The housing vacancy rate is 9.6%, which suggests balanced market conditions. The unemployment rate is 3.3%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $4,934 per acre. Suburban/urban lots under 1 acre have a median lot price of $24,000.
Does Reelvest buy land in Hancock County, Kentucky?
Yes! Reelvest Properties buys vacant land throughout Kentucky, including Hancock 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.
