Average Cost of an Acre of Land in Kentucky (2026)
The average value of farmland in Kentucky is about $5,480 per acre based on the latest USDA data, roughly 26% above the national average of $4,350. Kentucky's headline is the Bluegrass: horse country around Lexington holds premium pasture value. Elsewhere, farmland and grazing ground are more moderate.
Average agricultural land values from the USDA National Agricultural Statistics Service, Land Values 2025 Summary (August 2025). Building lots and developed parcels sell for more; always check recent local sales.
Price your own parcel
What affects land prices in Kentucky
- Bluegrass horse country. Premium pasture around Lexington pulls the state's value up.
- Soil and use. Productive river-bottom ground holds higher value than upland.
- Metro proximity. Land near Louisville and Lexington prices above rural rates.
- Pasture demand. Strong equine and cattle demand supports grazing-land prices.
How Kentucky compares
At about $5,480 an acre, Kentucky sits 26% above the US average of $4,350. Cropland here averages $6,450 an acre and pasture $3,900, against national figures of $5,830 and $1,920. These are working-farmland averages: a buildable lot near a city runs well above them, and raw, remote acreage well below.
Common questions
On average, about $5,480 per acre for farmland in the latest USDA figures. That's the agricultural average; a buildable lot near a city costs more and remote acreage less. Enter a local listing price in the calculator above to price your own parcel.
Yes. Kentucky farmland rose 3.4% in the latest USDA report, slower than the national average of 4.3%.
No. The USDA figure is average agricultural land value. Residential and commercial building lots sell well above it. Treat the average as a floor for rural acreage and compare against recent local sales before you buy.
43,560 square feet. Use the square feet to acres tool to convert any lot size, in either direction.
These are planning estimates based on USDA agricultural land values, not an appraisal. Land prices vary widely by county, parcel, access, and use. Confirm with recent local sales or a licensed appraiser before buying or selling.