Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 37,351 ↑ 1.5% since 2020 |
| Median Household Income | $64,725 13% below national median |
| Median Home Value | $193,200 |
| Unemployment Rate | 4.5% |
| Median Age | 39.6 years |
| Housing Vacancy Rate | 12.1% |
| Total Land Sales (Past 12 Months) | 144 transactions |
| Active Listings | 51 properties |
| Avg Days on Market | 451 days |
Rural Land Sales (1+ Acres) (Jan 2026 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $6,538 |
| Recent Sales | 103 transactions |
| Avg Days on Market | 435 days |
| Avg Parcel Size | 65.70 acres |
| Active Listings | 31 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 23.50 | $65,000 | $2,766 | Nebo |
| Feb 2026 | 1.00 | $6,600 | $6,600 | Dawson Springs |
| Feb 2026 | 321.00 | $1,097,384 | $3,419 | Saint Charles |
| Feb 2026 | 5.68 | $550,000 | $96,831 | Dawson Springs |
| Feb 2026 | 3.98 | $45,000 | $11,307 | Hanson |
| Jan 2026 | 2.56 | $23,000 | $8,984 | Hanson |
| Jan 2026 | 2.56 | $23,000 | $8,984 | Madisonville |
| Jan 2026 | 9.00 | $97,500 | $10,833 | Madisonville |
| Jan 2026 | 34.11 | $215,000 | $6,303 | Madisonville |
| Jan 2026 | 9.60 | $48,000 | $5,000 | White Plains |
Suburban/Urban Land Sales (Under 1 Acre) (Oct 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $15,100 |
| Recent Sales | 41 transactions |
| Avg Days on Market | 490 days |
| Avg Parcel Size | 0.50 acres |
| Active Listings | 20 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Mar 2026 | 0.49 | $30,000 | Madisonville |
| Feb 2026 | 0.40 | $76,500 | Dawson Springs |
| Feb 2026 | 0.20 | $2,500 | Madisonville |
| Jan 2026 | 0.59 | $52,000 | Madisonville |
| Dec 2025 | 0.61 | $40,000 | Madisonville |
| Dec 2025 | 0.98 | $90,000 | Madisonville |
| Oct 2025 | 0.33 | $9,000 | Saint Charles |
| Oct 2025 | 0.49 | $32,000 | Madisonville |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 45,143 |
| Population (2020) | 45,423 |
| Population Growth | -0.62% |
| Median Household Income | $57,610 |
| Median Home Value | $128,800 |
| Total Housing Units | 20,965 |
| Vacant Housing Units | 2,796 |
| Housing Vacancy Rate | 13.3% |
| Median Age | 41.3 |
| Bachelor's Degree or Higher | 2,862 (6.3%) |
| Unemployment Rate | 4.5% |
Market Overview
Hopkins County, Kentucky has a population of 45,143, which has declined 0.62% since 2020. The median household income is $57,610, below the national median of $74,580 by 22.8%. The housing vacancy rate of 13.3% suggests soft market conditions. Hopkins County is part of Kentucky's land market, attracting both local and out-of-state buyers. Recent rural land sales show a median price of $6,538 per acre, with properties averaging 65.70 acres. There are currently 51 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Hopkins County, Kentucky?
As of the 2023 American Community Survey, Hopkins County has a population of 45,143. The county has declined 0.62% since the 2020 Census.
What is the median household income in Hopkins County?
The median household income in Hopkins County is $57,610, which is 22.8% below the national median of $74,580.
Is Hopkins County growing or shrinking?
Hopkins County is shrinking. The population has declined 0.62% since 2020.
What is the housing market like in Hopkins County?
The median home value in Hopkins County is $128,800. The housing vacancy rate is 13.3%, which suggests soft market conditions. The unemployment rate is 4.5%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $6,538 per acre. Suburban/urban lots under 1 acre have a median lot price of $15,100.
Does Reelvest buy land in Hopkins County, Kentucky?
Yes! Reelvest Properties buys vacant land throughout Kentucky, including Hopkins 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.