Commercial Real Estate Market in Corbin, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
239 active listings and 875 off-market properties in Corbin, KY. Commercial property asks $47/SF to buy and $13.82/SF/Yr to lease.
Market Trends
Corbin, KY spans 150.6 square miles in Whitley County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Corbin, KY asks $122/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Corbin, KY asks $145/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Corbin, KY runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Corbin, KY asks $111/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 48%
- Commercial 30.5%
- Industrial 14.8%
- Civic 1.8%
Largest Zones share of zoned land by district
General Business
Multifamily Residential
Single Family Residential
Industrial Park
Two Family Residential
Corbin, KY zones 5,289 acres across 9 districts. Commercial zoning covers 30.5% of zoned land, residential 48% and industrial 14.8%. The largest single district is General Business at 30.5%. For commercial buyers the practical constraint is that only 45.3% of land carries a commercial or industrial designation.
General Business (C-1)
The purpose of the C-1 District is to encourage the establishment of areas for highway business uses only. This district is specifically designed to serve the motoring public. C-1 districts are generally located at intersections or interchange areas along major arterials or interstate highways. Strip development is not encouraged.
Market overview
Demographics & Economy
Corbin, KY has 31,051 residents in 13,305 households. Density runs 206 people per square mile. Median household income here is $47,288 and median gross rent $733 a month.
31,051
Population
13,305
Households
2.3
Avg Household Size
41
Median Age
21%
College-Educated
85%
High-School Grad
150.6 sq mi
ZIP Area
206
Density / Sq Mi
$47,288
Median Household Income
$36,560
Median Earnings
$733
Median Rent
$162,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Williamsburg | — | — |
| Woodbine | — | — |
| Keavy | — | — |
| Gray | — | — |
Commercial property in Corbin, KY asks $47/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Corbin?
Commercial property in Corbin, KY asks an average of $47 per square foot. Retail carries the highest asking price at $145/SF.
How much does it cost to lease commercial space in Corbin?
Asking lease rates in Corbin, KY average $13.82 per square foot per year.
What zoning applies to commercial property in Corbin?
Corbin, KY zones 5,289 acres across 9 districts, of which 30.5% is commercial and 14.8% industrial. The largest single district is General Business at 30.5% of zoned land. The purpose of the C-1 District is to encourage the establishment of areas for highway business uses only. This district is specifically designed to serve the motoring public. C-1 districts are generally located at intersections or interchange areas along major arterials or interstate highways. Strip development is not encouraged. Residential zoning covers 48% and open space 0%.
Where does Realmo's Corbin market data come from?
Realmo compiles Corbin, KY figures from 6 recent recorded sales, 224 active sale listings, 15 active lease listings, 875 tracked off-market properties, the current Corbin zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 224 active for-sale and 15 active for-lease listings in Corbin, KY. 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: 5,289 zoned acres across 9 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 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South 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 31 August 2026 · report a data issue
