Market Snapshot
| Indicator | Value |
|---|---|
| Population | 7,655 ↑ 1.6% since 2020 |
| Median Household Income | $53,616 28% below national median |
| Median Home Value | $119,600 |
| Unemployment Rate | 7.2% |
| Median Age | 38.9 years |
| Housing Vacancy Rate | 17.6% |
| Median Price/Acre (All Land) | $6,268 |
| Total Recent Sales | 70 transactions |
| Active Listings | 14 properties |
| Avg Days on Market | 538 days |
Rural Land Market (1+ Acres)
| Metric | Value |
|---|---|
| Median Price/Acre | $5,836 |
| Recent Sales | 66 transactions |
| Avg Days on Market | 536 days |
| Avg Parcel Size | 42.50 acres |
| Active Listings | 13 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 30.00 | $120,000 | $4,000 | Cynthiana |
| Mar 2026 | 35.40 | $171,000 | $4,831 | Carlisle |
| Feb 2026 | 32.00 | $200,000 | $6,250 | Carlisle |
| Jan 2026 | 62.00 | $198,000 | $3,194 | Carlisle |
| Jan 2026 | 82.00 | $325,000 | $3,963 | Carlisle |
| Jan 2026 | 114.00 | $510,000 | $4,474 | Carlisle |
| Nov 2025 | 225.00 | $925,000 | $4,111 | Carlisle |
| Oct 2025 | 15.31 | $60,000 | $3,918 | Ewing |
| Oct 2025 | 52.00 | $309,780 | $5,957 | Carlisle |
| Sep 2025 | 35.00 | $140,000 | $4,000 | Carlisle |
Suburban/Urban Land Market (Under 1 Acre)
| Metric | Value |
|---|---|
| Median Price/Acre | $58,334 |
| Recent Sales | 4 transactions |
| Avg Days on Market | 565 days |
| Avg Parcel Size | 0.70 acres |
| Active Listings | 1 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Jan 2026 | 0.80 | $40,000 | $50,000 | Carlisle |
| Sep 2024 | 0.98 | $100,000 | $102,041 | Carlisle |
| May 2024 | 0.30 | $20,000 | $66,667 | Carlisle |
| Jul 2023 | 0.61 | $15,000 | $24,671 | Carlisle |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 7,655 |
| Population (2020) | 7,537 |
| Population Growth | 1.57% |
| Median Household Income | $53,616 |
| Median Home Value | $119,600 |
| Total Housing Units | 3,333 |
| Vacant Housing Units | 588 |
| Housing Vacancy Rate | 17.6% |
| Median Age | 38.9 |
| Bachelor's Degree or Higher | 288 (3.8%) |
| Unemployment Rate | 7.2% |
Market Overview
Nicholas County, Kentucky has a population of 7,655, which has grown 1.57% since 2020. The median household income is $53,616, below the national median of $74,580 by 28.1%. The housing vacancy rate of 17.6% suggests soft 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 $5,836 per acre, with properties averaging 42.50 acres. There are currently 14 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Nicholas County, Kentucky?
As of the 2023 American Community Survey, Nicholas County has a population of 7,655. The county has grown 1.57% since the 2020 Census, indicating a growing community.
What is the median household income in Nicholas County?
The median household income in Nicholas County is $53,616, which is 28.1% below the national median of $74,580.
Is Nicholas County growing or shrinking?
Nicholas County is growing. The population has increased 1.57% since 2020.
What is the housing market like in Nicholas County?
The median home value in Nicholas County is $119,600. The housing vacancy rate is 17.6%, which suggests soft market conditions. The unemployment rate is 7.2%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $5,836 per acre. Suburban/urban lots under 1 acre have a median price of $58,334 per acre.
Does Reelvest buy land in Nicholas County, Kentucky?
Yes! Reelvest Properties buys vacant land throughout Kentucky, including Nicholas 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.