Market Snapshot

Report generated March 2026

IndicatorValue
Population74,885
↓ 0.1% since 2020
Median Household Income$69,699
7% below national median
Median Home Value$196,500
Unemployment Rate3.3%
Median Age39.6 years
Housing Vacancy Rate6.7%
Total Land Sales (Past 12 Months)50 transactions
Active Listings25 properties
Avg Days on Market600 days

Rural Land Sales (1+ Acres) (Apr 2025 – Jan 2026)

MetricValue
Median Price/Acre$4,934
Recent Sales44 transactions
Avg Days on Market594 days
Avg Parcel Size26.50 acres
Active Listings20 properties

Recent Rural Land Sales

DateAcresPrice$/AcreLocation
Jan 20262.10$45,000$21,429Lewisport
Dec 202595.00$300,000$3,158Fordsville
Nov 202510.63$46,250$4,351Hawesville
Oct 20257.47$43,000$5,756Hawesville
Oct 20251.59$33,000$20,755Hawesville
Jul 202513.60$120,000$8,824Hawesville
Jul 202561.94$169,000$2,728Hawesville
May 20252.53$45,000$17,787Lewisport
Apr 202563.96$215,000$3,361Hawesville
Apr 202533.85$215,000$6,352Hawesville

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

MetricValue
Median Lot Price$24,000
Recent Sales6 transactions
Avg Days on Market644 days
Avg Parcel Size0.70 acres
Active Listings5 properties

Recent Suburban/Urban Land Sales

DateAcresPriceLocation
Feb 20260.85$15,000Hawesville

County Profile

DemographicValue
Total Population (2023)9,032
Population (2020)9,095
Population Growth-0.69%
Median Household Income$66,836
Median Home Value$137,600
Total Housing Units3,911
Vacant Housing Units374
Housing Vacancy Rate9.6%
Median Age41.5
Bachelor's Degree or Higher668 (7.4%)
Unemployment Rate3.3%

Market Overview

Hancock County, Kentucky has a population of 9,032, which has declined 0.69% since 2020. The median household income is $66,836, below the national median of $74,580 by 10.4%. The housing vacancy rate of 9.6% suggests balanced 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 $4,934 per acre, with properties averaging 26.50 acres. There are currently 25 active land listings in the county.

Frequently Asked Questions

What is the current population of Hancock County, Kentucky?
As of the 2023 American Community Survey, Hancock County has a population of 9,032. The county has declined 0.69% since the 2020 Census.
What is the median household income in Hancock County?
The median household income in Hancock County is $66,836, which is 10.4% below the national median of $74,580.
Is Hancock County growing or shrinking?
Hancock County is shrinking. The population has declined 0.69% since 2020.
What is the housing market like in Hancock County?
The median home value in Hancock County is $137,600. The housing vacancy rate is 9.6%, which suggests balanced market conditions. The unemployment rate is 3.3%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $4,934 per acre. Suburban/urban lots under 1 acre have a median lot price of $24,000.
Does Reelvest buy land in Hancock County, Kentucky?
Yes! Reelvest Properties buys vacant land throughout Kentucky, including Hancock 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.