Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 20,174 ↓ 0.4% since 2020 |
| Median Household Income | $56,322 24% below national median |
| Median Home Value | $211,600 |
| Unemployment Rate | 4.4% |
| Median Age | 42.0 years |
| Housing Vacancy Rate | 11.1% |
| Total Land Sales (Past 12 Months) | 101 transactions |
| Active Listings | 12 properties |
| Avg Days on Market | 591 days |
Rural Land Sales (1+ Acres) (Jul 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $12,500 |
| Recent Sales | 69 transactions |
| Avg Days on Market | 602 days |
| Avg Parcel Size | 50.10 acres |
| Active Listings | 10 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 20.73 | $450,000 | $21,708 | Paris |
| Mar 2026 | 118.52 | $888,900 | $7,500 | Paris |
| Dec 2025 | 41.11 | $320,000 | $7,783 | Paris |
| Nov 2025 | 36.00 | $515,000 | $14,306 | Paris |
| Sep 2025 | 6.00 | $142,000 | $23,667 | Paris |
| Sep 2025 | 10.53 | $189,900 | $18,031 | Paris |
| Aug 2025 | 6.00 | $142,500 | $23,750 | Paris |
| Aug 2025 | 1.25 | $35,000 | $28,000 | Paris |
| Aug 2025 | 20.00 | $245,000 | $12,250 | Carlisle |
| Jul 2025 | 26.77 | $875,000 | $32,688 | Lexington |
Suburban/Urban Land Sales (Under 1 Acre) (Oct 2025 – Jan 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $51,200 |
| Recent Sales | 32 transactions |
| Avg Days on Market | 568 days |
| Avg Parcel Size | 0.30 acres |
| Active Listings | 2 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Jan 2026 | 0.25 | $59,000 | Paris |
| Nov 2025 | 0.25 | $69,000 | Paris |
| Nov 2025 | 0.41 | $75,000 | Paris |
| Nov 2025 | 0.23 | $59,000 | Paris |
| Oct 2025 | 0.87 | $55,000 | Paris |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 20,174 |
| Population (2020) | 20,252 |
| Population Growth | -0.39% |
| Median Household Income | $56,322 |
| Median Home Value | $211,600 |
| Total Housing Units | 9,148 |
| Vacant Housing Units | 1,020 |
| Housing Vacancy Rate | 11.1% |
| Median Age | 42.0 |
| Bachelor's Degree or Higher | 2,085 (10.3%) |
| Unemployment Rate (BLS) | 3.0% |
Market Overview
Bourbon County, Kentucky has a population of 20,174, which has declined 0.39% since 2020. The median household income is $56,322, below the national median of $74,580 by 24.5%. With a median home value of $211,600 and an unemployment rate of 3.0%, the local economy is moderate. The housing vacancy rate of 11.1% suggests balanced market conditions. Bourbon County is part of Kentucky's land market, attracting both local and out-of-state buyers. Recent rural land sales show a median price of $12,500 per acre, with properties averaging 50.10 acres. There are currently 12 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Bourbon County, Kentucky?
As of the 2023 American Community Survey, Bourbon County has a population of 20,174. The county has declined 0.39% since the 2020 Census.
What is the median household income in Bourbon County?
The median household income in Bourbon County is $56,322, which is 24.5% below the national median of $74,580.
Is Bourbon County growing or shrinking?
Bourbon County is shrinking. The population has declined 0.39% since 2020.
What is the housing market like in Bourbon County?
The median home value in Bourbon County is $211,600. The housing vacancy rate is 11.1%, which suggests balanced market conditions. The unemployment rate is 3.0%, indicating a moderate local economy. Recent rural land sales (1+ acres) show a median price of $12,500 per acre. Suburban/urban lots under 1 acre have a median lot price of $51,200.
Does Reelvest buy land in Bourbon County, Kentucky?
Yes! Reelvest Properties buys vacant land throughout Kentucky, including Bourbon 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.