Commercial Real Estate Market in Ketchum, ID
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
46 active listings and 554 off-market properties in Ketchum, ID. Commercial property asks $1,719/SF to buy and $37.51/SF/Yr to lease.
Market Trends
Ketchum, ID spans 557.7 square miles in Blaine County, Idaho. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Ketchum, ID asks $766/SF to buy. Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Retail
Retail space in Ketchum, ID asks $312/SF to buy. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Industrial
Industrial vacancy in Ketchum, ID runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in Ketchum, ID asks $1,760/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 52.9%
- Open space 18.5%
- Agricultural 10.6%
- Commercial 10.1%
- Mixed use 4.9%
- Industrial 3%
Largest Zones share of zoned land by district
Limited Residential
Recreation Use
General Residential Low Density
Agricultural And Forestry
Tourist District
Ketchum, ID zones 2,074 acres across 17 districts. Commercial zoning covers 10.1% of zoned land, residential 52.9%, open space 18.5% and industrial 3%. The largest single district is Limited Residential at 26%. For commercial buyers the practical constraint is that only 13% of land carries a commercial or industrial designation.
Recreation Use (RU)
A. RU: Recreation Use District 1. Purpose The purpose of the RU d istrict is to protect and enhance vital natural resources; to provide a buffer between incompatible land uses; to ensure that land intended for recreation use is developed in such a manner to serve its intended use while not exerting disruptive influences on adjacent land uses; to guide recrea…
Market overview
Demographics & Economy
Ketchum, ID has 5,647 residents in 5,836 households. Density runs 10 people per square mile. Median household income here is $86,650 and median gross rent $1,174 a month.
5,647
Population
5,836
Households
1
Avg Household Size
51
Median Age
55%
College-Educated
95%
High-School Grad
557.7 sq mi
ZIP Area
10
Density / Sq Mi
$86,650
Median Household Income
$42,153
Median Earnings
$1,174
Median Rent
$860,400
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Ketchum?
Commercial property in Ketchum, ID asks an average of $1,719 per square foot. Multifamily carries the highest asking price at $1,760/SF.
How much does it cost to lease commercial space in Ketchum?
Asking lease rates in Ketchum, ID average $37.51 per square foot per year.
What zoning applies to commercial property in Ketchum?
Ketchum, ID zones 2,074 acres across 17 districts, of which 10.1% is commercial and 3% industrial. The largest single district is Limited Residential at 26% of zoned land. Residential zoning covers 52.9% and open space 18.5%.
Where does Realmo's Ketchum market data come from?
Realmo compiles Ketchum, ID figures from 30 active sale listings, 16 active lease listings, 554 tracked off-market properties, the current Ketchum zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 30 active for-sale and 16 active for-lease listings in Ketchum, ID. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 2,074 zoned acres across 17 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
