Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 167,784 ↓ 0.3% since 2020 |
| Median Household Income | $82,374 10% above national median |
| Median Home Value | $241,200 |
| Unemployment Rate | 6.4% |
| Median Age | 43.9 years |
| Housing Vacancy Rate | 23.8% |
| Total Land Sales (Past 12 Months) | 44 transactions |
| Active Listings | 53 properties |
| Avg Days on Market | 497 days |
Rural Land Sales (1+ Acres) (Apr 2025 – Jan 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $5,105 |
| Recent Sales | 35 transactions |
| Avg Days on Market | 517 days |
| Avg Parcel Size | 42.70 acres |
| Active Listings | 29 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Jan 2026 | 1.35 | $15,000 | $11,111 | Fountain Run |
| Dec 2025 | 24.00 | $125,000 | $5,208 | Tompkinsville |
| Sep 2025 | 27.44 | $80,000 | $2,915 | Tompkinsville |
| Aug 2025 | 51.62 | $153,000 | $2,964 | Tompkinsville |
| Jul 2025 | 49.74 | $400,000 | $8,042 | Tompkinsville |
| Jun 2025 | 27.00 | $100,000 | $3,704 | Tompkinsville |
| Apr 2025 | 50.00 | $195,000 | $3,900 | Mount Hermon |
| Apr 2025 | 208.00 | $175,000 | $841 | Hestand |
| Apr 2025 | 50.00 | $175,000 | $3,500 | Hestand |
| Apr 2025 | 17.00 | $162,000 | $9,529 | Tompkinsville |
Suburban/Urban Land Sales (Under 1 Acre) (Dec 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $14,500 |
| Recent Sales | 9 transactions |
| Avg Days on Market | 417 days |
| Avg Parcel Size | 0.70 acres |
| Active Listings | 24 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Feb 2026 | 0.72 | $40,000 | Tompkinsville |
| Dec 2025 | 0.89 | $8,000 | Tompkinsville |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 11,318 |
| Population (2020) | 11,338 |
| Population Growth | -0.18% |
| Median Household Income | $49,430 |
| Median Home Value | $116,300 |
| Total Housing Units | 5,240 |
| Vacant Housing Units | 654 |
| Housing Vacancy Rate | 12.5% |
| Median Age | 41.3 |
| Bachelor's Degree or Higher | 454 (4.0%) |
| Unemployment Rate | 6.4% |
Market Overview
Monroe County, Kentucky has a population of 11,318, which has declined 0.18% since 2020. The median household income is $49,430, below the national median of $74,580 by 33.7%. The housing vacancy rate of 12.5% suggests soft market conditions. Monroe County remains a key area for land acquisition in Kentucky. Recent rural land sales show a median price of $5,105 per acre, with properties averaging 42.70 acres. There are currently 53 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Monroe County, Kentucky?
As of the 2023 American Community Survey, Monroe County has a population of 11,318. The county has declined 0.18% since the 2020 Census.
What is the median household income in Monroe County?
The median household income in Monroe County is $49,430, which is 33.7% below the national median of $74,580.
Is Monroe County growing or shrinking?
Monroe County is shrinking. The population has declined 0.18% since 2020.
What is the housing market like in Monroe County?
The median home value in Monroe County is $116,300. The housing vacancy rate is 12.5%, which suggests soft market conditions. The unemployment rate is 6.4%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $5,105 per acre. Suburban/urban lots under 1 acre have a median lot price of $14,500.
Does Reelvest buy land in Monroe County, Kentucky?
Yes! Reelvest Properties buys vacant land throughout Kentucky, including Monroe 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.