What’s My Kentucky Farm Really Worth? A Realistic Guide to Rural Property Valuation
Kentucky farm real estate averaged $5,300 per acre statewide in the most recent USDA data, up 7.5% year-over-year, with cropland at $6,220/acre and pastureland at $3,770/acre. Central Kentucky/Bluegrass values vary significantly by county and use — Jessamine and Woodford County cropland rents run higher than Fayette County's, reflecting local development pressure and land use differences. […]