Commercial Real Estate Market in Crescent Springs, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 254 off-market properties in Crescent Springs, KY. Commercial property asks $20/SF to buy and $15.00/SF/Yr to lease.
Market Trends
Crescent Springs, KY spans 21.2 square miles in Kenton County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Crescent Springs, KY runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Crescent Springs, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Crescent Springs, 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 vacancy in Crescent Springs, KY runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Crescent Springs, KY has 40,333 residents in 16,569 households. Density runs 1,901 people per square mile. Median household income here is $100,645 and median gross rent $985 a month.
40,333
Population
16,569
Households
2.4
Avg Household Size
40
Median Age
48%
College-Educated
97%
High-School Grad
21.2 sq mi
ZIP Area
1,901
Density / Sq Mi
$100,645
Median Household Income
$51,808
Median Earnings
$985
Median Rent
$278,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Villa Hills | — | — |
| Fort Mitchell | — | — |
| Lakeside Park | — | — |
| Dixie | — | — |
Commercial property in Crescent Springs, KY asks $20/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Crescent Springs?
Commercial property in Crescent Springs, KY asks an average of $20 per square foot. The 6 most recent recorded sales traded at a median of $952/SF.
How much does it cost to lease commercial space in Crescent Springs?
Asking lease rates in Crescent Springs, KY average $15.00 per square foot per year.
Where does Realmo's Crescent Springs market data come from?
Realmo compiles Crescent Springs, KY figures from 8 recent recorded sales, 4 active sale listings, 1 active lease listings, 254 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 4 active for-sale and 1 active for-lease listings in Crescent Springs, 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.
- 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
