Market Snapshot

IndicatorValue
Population25,874 ↑ 0.5% since 2020
Median Household Income$55,849 25% below national median
Median Home Value$150,300
Unemployment Rate2.9%
Median Age43.6 years
Housing Vacancy Rate32.5%
Median Price/Acre (All Land)$17,612
Total Recent Sales112 transactions
Active Listings22 properties
Avg Days on Market604 days

Rural Land Market (1+ Acres)

MetricValue
Median Price/Acre$10,087
Recent Sales74 transactions
Avg Days on Market656 days
Avg Parcel Size34.70 acres
Active Listings18 properties

Recent Rural Land Sales

DateAcresPrice$/AcreLocation
Dec 20251.90$75,000$39,474Jeffersonville
Dec 20251.75$65,000$37,143Mount Sterling
Nov 202544.61$185,000$4,147Mount Sterling
Oct 202590.50$650,000$7,182Mount Sterling
Jul 20252.22$21,500$9,685Mount Sterling
Jun 20259.36$350,000$37,393Jeffersonville
Jun 20253.79$55,000$14,527Mount Sterling
Jun 20252.20$65,000$29,505Mount Sterling
Jun 20251.32$3,000$2,273Jeffersonville
May 20251.22$19,000$15,574Owingsville

Suburban/Urban Land Market (Under 1 Acre)

MetricValue
Median Price/Acre$42,327
Recent Sales38 transactions
Avg Days on Market502 days
Avg Parcel Size0.60 acres
Active Listings4 properties

Recent Suburban/Urban Land Sales

DateAcresPrice$/AcreLocation
Feb 20260.17$25,000$147,059Mount Sterling
Feb 20260.87$35,500$40,805Mount Sterling
Jan 20260.19$29,000$152,632Mount Sterling
Nov 20250.89$20,000$22,472Jeffersonville
Sep 20250.92$20,000$21,739Jeffersonville
Aug 20250.12$7,500$64,109Mt Sterling
Jul 20250.97$17,000$17,526Jeffersonville
Jul 20250.96$17,000$17,708Jeffersonville
Jul 20250.44$40,000$90,911Mount Sterling
Jul 20250.20$25,000$125,000Mount Sterling

County Profile

DemographicValue
Total Population (2023)28,271
Population (2020)28,114
Population Growth0.56%
Median Household Income$57,468
Median Home Value$163,800
Total Housing Units12,204
Vacant Housing Units1,254
Housing Vacancy Rate10.3%
Median Age40.6
Bachelor's Degree or Higher2,264 (8.0%)
Unemployment Rate2.9%

Market Overview

Montgomery County, Kentucky has a population of 28,271, which has grown 0.56% since 2020. The median household income is $57,468, below the national median of $74,580 by 22.9%. The housing vacancy rate of 10.3% suggests balanced market conditions. Montgomery County remains a key area for land acquisition in Kentucky. Recent rural land sales show a median price of $10,087 per acre, with properties averaging 34.70 acres. There are currently 22 active land listings in the county.

Frequently Asked Questions

What is the current population of Montgomery County, Kentucky?
As of the 2023 American Community Survey, Montgomery County has a population of 28,271. The county has grown 0.56% since the 2020 Census, indicating a growing community.
What is the median household income in Montgomery County?
The median household income in Montgomery County is $57,468, which is 22.9% below the national median of $74,580.
Is Montgomery County growing or shrinking?
Montgomery County is growing. The population has increased 0.56% since 2020.
What is the housing market like in Montgomery County?
The median home value in Montgomery County is $163,800. The housing vacancy rate is 10.3%, which suggests balanced market conditions. The unemployment rate is 2.9%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $10,087 per acre. Suburban/urban lots under 1 acre have a median price of $42,327 per acre.
Does Reelvest buy land in Montgomery County, Kentucky?
Yes! Reelvest Properties buys vacant land throughout Kentucky, including Montgomery 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.