Buildocrat US Land Value Book

Land and home values in Magoffin County, Kentucky

Magoffin County (rural) covers 308 square miles and 5 census tracts. Residential land is about $0.64 per sq ft at the county median, from $0.52 in its most rural tracts to $0.94 in its most valuable. The typical home is worth about $111,000 and a 2-bedroom rents for about $875 a month, as of October 12, 2026.

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County values

Land: residential$0.64per sq ft
Land: residential$27,748per acre
Land: quarter-acre lot$6,93710,890 sq ft
Land: farmland$3,360per acre
Home: typical (median)$111,000value
Home: entry-level$61,800lower quartile
Home: upper-end$247,000upper quartile
Build new$157per sq ft, no land
Rent: 1-bedroom$765per month
Rent: 2-bedroom$875per month
Rent: 3-bedroom$1,100per month
Rent: 4-bedroom$1,220per month
Gross yield, 2-bed9.5%a year

Price tiers

TierTractsLand $/sq ftTypical homeRent 2-bed
Rural5$0.64$111,000$875

Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.

Highest-value places

PlaceTypeLand $/sq ftTypical home
SalyersvilleTown$0.94$88,900
Pine Point ApartmentsSubdivision$0.87$125,000
Allen Drive ApartmentsSubdivision$0.86$126,000
River Bend ApartmentsSubdivision$0.78$126,000
Magoffin Manor ApartmentsSubdivision$0.76$124,000
Pinewood TownhomesSubdivision$0.76$123,000

Questions people ask

How much is land worth in Magoffin County, KY?

Residential land in Magoffin County, KY is about $0.64 per square foot, or $27,748 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $6,937. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Magoffin County, KY?

The typical (median) home in Magoffin County, KY is worth about $111,000, with entry-level homes around $61,800 and upper-end homes around $247,000, as of October 2026.

How much is rent in Magoffin County, KY?

A 2-bedroom rents for about $875 a month in Magoffin County, KY, a 1-bedroom about $765 and a 3-bedroom about $1,100 (gross rent including utilities, HUD Fair Market Rent basis).

How much is farmland per acre in Magoffin County, KY?

Farmland averages about $3,360 an acre in Magoffin County, KY (USDA, including buildings), well below residential land.

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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