Top Land Buyers in Residential Lots

How long does it typically take to sell vacant land in Kentucky?

In the 2025 Kentucky land market, selling vacant land takes between 3 to 9 months through traditional listings. However, the market has seen a sharp increase in cash buyer activity, with some sellers closing in under 30 days by bypassing bank approvals. High-demand areas like the Bluegrass Region (Lexington/Fayette) and Northern Kentucky (Cincinnati suburbs) move much faster, whereas wooded acreage in the Appalachian region often requires 12 months or more to secure a buyer. The market is currently "turning a corner" heading into 2026, with declining mortgage rates and growing inventory breathing new life into transaction volumes for rural residential lots.

What are the common closing costs for land sellers in Kentucky?

Kentucky is a title company state, and while real estate attorneys are optional, they are often retained for complex title reviews at rates averaging $150 per hour. Sellers typically face closing costs of approximately 2.99% (excluding realtor fees), which is lower than the national average. Total seller expenses, including a 5.65% commission, usually hover around 8% to 10%.

Specific costs for 2025 include:

• Real Estate Transfer Tax: Kentucky charges a flat rate of 0.10% ($1.00 per $1,000) of the property's sale price. For a median-priced land sale of $225,000, the seller pays $225.
• Title Service Fees: Usually average around $880 for the title search and settlement services.
• Recording Fees: Flat fees average $46 for deed recordation at the county level.
• Owner’s Title Insurance: This is typically paid by the buyer in Kentucky, though it is a negotiable item in rural acreage sales.

Do I need a survey to sell my land in Kentucky?

While a survey is not mandatory for a deed transfer in Kentucky, the Board of Engineers & Land Surveyors updated the "Standards of Practice" (201 KAR 18:150) in 2025, emphasizing the rigor required for actual boundary surveys. In Kentucky’s varied terrain, old "ridge-line" or "creek-bed" legal descriptions are frequently disputed. A Boundary Survey is essential for land in Urban classifications (within city limits) and highly recommended for Rural tracts. In 2025, a standard boundary survey for a residential lot costs $450 to $800, while large timberland parcels can cost $2,500+. Having a survey with a clear "Surveyor's Certificate" and official seal is the best way to ensure the deed properly describes the land being conveyed.

How is the land market trending in Kentucky for the next 12 months?

The Kentucky land market is forecast to strengthen throughout 2026. Market indicators show that affordability is slowly improving as mortgage rates trend downward from their 2024 highs. Inventory of rural properties has grown by nearly 20% year-over-year, approaching levels not seen in six years. This inventory surge gives buyers more options and is helping to bring the market closer to a healthy balance. The most significant trend is "Industrial Infill," as Kentucky's low energy costs and central location attract massive investments in Solar and Battery Manufacturing. Demand is expected to be highest for premium, "renewable-ready" parcels within 45 minutes of the major manufacturing corridors.

Can I sell land in Kentucky if I have back taxes or title issues?

Yes, but you are subject to a strict 120-day redemption period if the property is seized. In Kentucky, if the Department of Revenue seizes property for tax debt, it can be sold 30 days after notice is given. Individuals with an "economic interest" can redeem the seized real estate within 120 days by reimbursing the successful bidder for the full bid amount plus 20% annual interest. If not redeemed within this window, title is deeded to the purchaser.

For inherited property, Kentucky probate offers a "Power of Sale" nuance: if the will explicitly empowers the executor to sell real estate, the sale can be finalized without a specific court license, speeding up the process by 3 to 5 months. This is currently a primary method for clearing title for Utility-Scale Solar projects in Western Kentucky, where developers are aggressively acquiring multi-generational farm estates.

What is the most in-demand type of land in Kentucky right now?

The most in-demand land use in Kentucky for 2025 is Utility-Scale Solar and Industrial Infill. As of December 2025, Kentucky has 19 utility-scale solar farms with a total capacity of 1,140 MW. The Sebree Solar project in Henderson (250 MW) is a prime example of the massive demand for large, flat, rural parcels. Additionally, Industrial Logistics Infill near the I-64 and I-75 interchange remains a top-tier asset class due to the expansion of regional distribution centers. In urban areas like Louisville and Lexington, developers are actively seeking Infill Lots to bypass the rising cost of new suburban infrastructure while addressing the state's housing shortage.