Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 7,678 ↓ 0.7% since 2020 |
| Median Household Income | $64,740 13% below national median |
| Median Home Value | $132,900 |
| Unemployment Rate | 4.1% |
| Median Age | 44.2 years |
| Housing Vacancy Rate | 15.8% |
| Total Land Sales (Past 12 Months) | 17 transactions |
| Active Listings | 21 properties |
| Avg Days on Market | 605 days |
Rural Land Sales (1+ Acres) (Mar 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $6,714 |
| Recent Sales | 15 transactions |
| Avg Days on Market | 567 days |
| Avg Parcel Size | 98.80 acres |
| Active Listings | 7 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Feb 2026 | 70.50 | $1,060,000 | $15,035 | Wickliffe |
| Dec 2025 | 68.42 | $185,000 | $2,704 | Wickliffe |
| Apr 2025 | 171.00 | $1,000,000 | $5,848 | Barlow |
| Apr 2025 | 2.00 | $18,000 | $9,000 | La Center |
| Apr 2025 | 199.00 | $1,300,000 | $6,533 | Barlow |
| Mar 2025 | 219.50 | $987,500 | $4,499 | Wickliffe |
Suburban/Urban Land Sales (Under 1 Acre)
| Metric | Value |
|---|---|
| Median Lot Price | $6,500 |
| Recent Sales | 2 transactions |
| Avg Days on Market | 885 days |
| Avg Parcel Size | 0.40 acres |
| Active Listings | 14 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Jan 2024 | 0.36 | $8,000 | La Center |
| Jul 2023 | 0.46 | $5,000 | La Center |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 7,678 |
| Population (2020) | 7,728 |
| Population Growth | -0.65% |
| Median Household Income | $64,740 |
| Median Home Value | $132,900 |
| Total Housing Units | 3,707 |
| Vacant Housing Units | 586 |
| Housing Vacancy Rate | 15.8% |
| Median Age | 44.2 |
| Bachelor's Degree or Higher | 712 (9.3%) |
| Unemployment Rate (BLS) | 4.1% |
Market Overview
Ballard County, Kentucky has a population of 7,678, which has declined 0.65% since 2020. The median household income is $64,740, below the national median of $74,580 by 13.2%. With a median home value of $132,900 and an unemployment rate of 4.1%, the local economy is moderate. The housing vacancy rate of 15.8% 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 $6,714 per acre, with properties averaging 98.80 acres. There are currently 21 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Ballard County, Kentucky?
As of the 2023 American Community Survey, Ballard County has a population of 7,678. The county has declined 0.65% since the 2020 Census.
What is the median household income in Ballard County?
The median household income in Ballard County is $64,740, which is 13.2% below the national median of $74,580.
Is Ballard County growing or shrinking?
Ballard County is shrinking. The population has declined 0.65% since 2020.
What is the housing market like in Ballard County?
The median home value in Ballard County is $132,900. The housing vacancy rate is 15.8%, which suggests soft market conditions. The unemployment rate is 4.1%, indicating a moderate local economy. Recent rural land sales (1+ acres) show a median price of $6,714 per acre. Suburban/urban lots under 1 acre have a median lot price of $6,500.
Does Reelvest buy land in Ballard County, Kentucky?
Yes! Reelvest Properties buys vacant land throughout Kentucky, including Ballard 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.