Market Snapshot

Report generated March 2026

IndicatorValue
Population19,786
↑ 1.0% since 2020
Median Household Income$57,392
23% below national median
Median Home Value$195,700
Unemployment Rate3.9%
Median Age39.0 years
Housing Vacancy Rate9.1%
Total Land Sales (Past 12 Months)84 transactions
Active Listings55 properties
Avg Days on Market585 days

Rural Land Sales (1+ Acres) (May 2025 – Feb 2026)

MetricValue
Median Price/Acre$21,643
Recent Sales60 transactions
Avg Days on Market606 days
Avg Parcel Size29.90 acres
Active Listings19 properties

Recent Rural Land Sales

DateAcresPrice$/AcreLocation
Feb 20264.59$100,000$21,786Franklin
Feb 20261.69$37,000$21,893Franklin
Jan 202663.00$672,782$10,679Franklin
Sep 20256.00$93,000$15,500Franklin
Sep 202515.17$320,000$21,094Franklin
Aug 20251.73$30,000$17,341Franklin
Jun 20251.15$50,000$43,478Franklin
Jun 20252.00$43,000$21,500Franklin
May 20255.46$70,000$12,821Woodburn
May 20251.00$45,000$45,000Franklin

Suburban/Urban Land Sales (Under 1 Acre) (Jan 2026 – Mar 2026)

MetricValue
Median Lot Price$39,000
Recent Sales24 transactions
Avg Days on Market533 days
Avg Parcel Size0.50 acres
Active Listings36 properties

Recent Suburban/Urban Land Sales

DateAcresPriceLocation
Mar 2026New0.78$58,500Franklin
Feb 20260.35$25,000Franklin
Jan 20260.78$30,000Franklin
Jan 20260.89$25,000Franklin

County Profile

DemographicValue
Total Population (2023)19,786
Population (2020)19,594
Population Growth0.98%
Median Household Income$57,392
Median Home Value$195,700
Total Housing Units8,456
Vacant Housing Units767
Housing Vacancy Rate9.1%
Median Age39.0
Bachelor's Degree or Higher1,401 (7.1%)
Unemployment Rate3.9%

Market Overview

Simpson County, Kentucky has a population of 19,786, which has grown 0.98% since 2020. The median household income is $57,392, below the national median of $74,580 by 23.0%. The housing vacancy rate of 9.1% suggests balanced market conditions. Simpson County remains a key area for land acquisition in Kentucky. Recent rural land sales show a median price of $21,643 per acre, with properties averaging 29.90 acres. There are currently 55 active land listings in the county.

Frequently Asked Questions

What is the current population of Simpson County, Kentucky?
As of the 2023 American Community Survey, Simpson County has a population of 19,786. The county has grown 0.98% since the 2020 Census, indicating a growing community.
What is the median household income in Simpson County?
The median household income in Simpson County is $57,392, which is 23.0% below the national median of $74,580.
Is Simpson County growing or shrinking?
Simpson County is growing. The population has increased 0.98% since 2020.
What is the housing market like in Simpson County?
The median home value in Simpson County is $195,700. The housing vacancy rate is 9.1%, which suggests balanced market conditions. The unemployment rate is 3.9%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $21,643 per acre. Suburban/urban lots under 1 acre have a median lot price of $39,000.
Does Reelvest buy land in Simpson County, Kentucky?
Yes! Reelvest Properties buys vacant land throughout Kentucky, including Simpson 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.