Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 387,697 ↑ 3.1% since 2020 |
| Median Household Income | $58,535 22% below national median |
| Median Home Value | $220,800 |
| Unemployment Rate | 5.2% |
| Median Age | 48.2 years |
| Housing Vacancy Rate | 12.9% |
| Total Land Sales (Past 12 Months) | 38 transactions |
| Active Listings | 28 properties |
| Avg Days on Market | 452 days |
Rural Land Sales (1+ Acres) (Oct 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $8,919 |
| Recent Sales | 34 transactions |
| Avg Days on Market | 426 days |
| Avg Parcel Size | 24.70 acres |
| Active Listings | 23 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Feb 2026 | 3.75 | $42,000 | $11,200 | Lebanon |
| Jan 2026 | 20.48 | $182,000 | $8,887 | Lebanon |
| Jan 2026 | 11.03 | $52,500 | $4,760 | New Hope |
| Dec 2025 | 13.77 | $55,000 | $3,994 | New Hope |
| Nov 2025 | 40.43 | $165,000 | $4,081 | Raywick |
| Nov 2025 | 2.29 | $15,000 | $6,550 | Raywick |
| Nov 2025 | 81.80 | $225,000 | $2,751 | Raywick |
| Nov 2025 | 14.02 | $103,000 | $7,347 | Lebanon |
| Oct 2025 | 3.20 | $182,000 | $56,875 | Loretto |
| Oct 2025 | 21.15 | $550,000 | $26,005 | New Haven |
Suburban/Urban Land Sales (Under 1 Acre)
| Metric | Value |
|---|---|
| Median Lot Price | $20,000 |
| Recent Sales | 4 transactions |
| Avg Days on Market | 672 days |
| Avg Parcel Size | 0.70 acres |
| Active Listings | 5 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Jul 2025 | 0.35 | $35,000 | Lebanon |
| Dec 2023 | 0.82 | $20,000 | Lebanon |
| Dec 2023 | 0.79 | $20,000 | Lebanon |
| Dec 2023 | 0.75 | $20,000 | Lebanon |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 19,680 |
| Population (2020) | 19,581 |
| Population Growth | 0.51% |
| Median Household Income | $55,404 |
| Median Home Value | $158,700 |
| Total Housing Units | 8,427 |
| Vacant Housing Units | 837 |
| Housing Vacancy Rate | 9.9% |
| Median Age | 39.6 |
| Bachelor's Degree or Higher | 868 (4.4%) |
| Unemployment Rate | 5.2% |
Market Overview
Marion County, Kentucky has a population of 19,680, which has grown 0.51% since 2020. The median household income is $55,404, below the national median of $74,580 by 25.7%. The housing vacancy rate of 9.9% 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 $8,919 per acre, with properties averaging 24.70 acres. There are currently 28 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Marion County, Kentucky?
As of the 2023 American Community Survey, Marion County has a population of 19,680. The county has grown 0.51% since the 2020 Census, indicating a growing community.
What is the median household income in Marion County?
The median household income in Marion County is $55,404, which is 25.7% below the national median of $74,580.
Is Marion County growing or shrinking?
Marion County is growing. The population has increased 0.51% since 2020.
What is the housing market like in Marion County?
The median home value in Marion County is $158,700. The housing vacancy rate is 9.9%, which suggests balanced market conditions. The unemployment rate is 5.2%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $8,919 per acre. Suburban/urban lots under 1 acre have a median lot price of $20,000.
Does Reelvest buy land in Marion County, Kentucky?
Yes! Reelvest Properties buys vacant land throughout Kentucky, including Marion 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.