Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 21,773 ↓ 1.2% since 2020 |
| Median Household Income | $46,793 37% below national median |
| Median Home Value | $109,900 |
| Unemployment Rate | 7.0% |
| Median Age | 46.7 years |
| Housing Vacancy Rate | 15.7% |
| Total Land Sales (Past 12 Months) | 8 transactions |
| Active Listings | 7 properties |
| Avg Days on Market | 530 days |
Rural Land Sales (1+ Acres) (Jul 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $833 |
| Recent Sales | 7 transactions |
| Avg Days on Market | 465 days |
| Avg Parcel Size | 27.10 acres |
| Active Listings | 6 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026New | 30.00 | $31,000 | $1,033 | Inez |
| Dec 2025 | 25.00 | $28,000 | $1,120 | Warfield |
| Aug 2025 | 63.00 | $50,000 | $794 | Inez |
| Jul 2025 | 15.00 | $12,500 | $833 | Tomahawk |
Suburban/Urban Land Sales (Under 1 Acre)
| Metric | Value |
|---|---|
| Median Lot Price | $41,000 |
| Recent Sales | 1 transactions |
| Avg Days on Market | 989 days |
| Avg Parcel Size | 0.70 acres |
| Active Listings | 1 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Jun 2023 | 0.69 | $41,000 | Job |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 11,181 |
| Population (2020) | 11,287 |
| Population Growth | -0.94% |
| Median Household Income | $46,185 |
| Median Home Value | $84,900 |
| Total Housing Units | 4,847 |
| Vacant Housing Units | 912 |
| Housing Vacancy Rate | 18.8% |
| Median Age | 40.3 |
| Bachelor's Degree or Higher | 545 (4.9%) |
| Unemployment Rate | 7.0% |
Market Overview
Martin County, Kentucky has a population of 11,181, which has declined 0.94% since 2020. The median household income is $46,185, below the national median of $74,580 by 38.1%. The housing vacancy rate of 18.8% suggests soft market conditions. Martin 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 $833 per acre, with properties averaging 27.10 acres. There are currently 7 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Martin County, Kentucky?
As of the 2023 American Community Survey, Martin County has a population of 11,181. The county has declined 0.94% since the 2020 Census.
What is the median household income in Martin County?
The median household income in Martin County is $46,185, which is 38.1% below the national median of $74,580.
Is Martin County growing or shrinking?
Martin County is shrinking. The population has declined 0.94% since 2020.
What is the housing market like in Martin County?
The median home value in Martin County is $84,900. The housing vacancy rate is 18.8%, which suggests soft market conditions. The unemployment rate is 7.0%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $833 per acre. Suburban/urban lots under 1 acre have a median lot price of $41,000.
Does Reelvest buy land in Martin County, Kentucky?
Yes! Reelvest Properties buys vacant land throughout Kentucky, including Martin 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.