Commercial Real Estate Market in Drakesboro, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
7 active listings and 49 off-market properties in Drakesboro, KY.
Market Trends
Drakesboro, KY spans 37.2 square miles in Muhlenberg County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Drakesboro, 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 Drakesboro, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Drakesboro, 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 Drakesboro, 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
Drakesboro, KY has 1,775 residents in 767 households. Density runs 48 people per square mile. Median household income here is $33,877 and median gross rent $931 a month.
1,775
Population
767
Households
2.3
Avg Household Size
40
Median Age
1%
College-Educated
82%
High-School Grad
37.2 sq mi
ZIP Area
48
Density / Sq Mi
$33,877
Median Household Income
$31,250
Median Earnings
$931
Median Rent
$71,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Browder | — | — |
| Cleaton | — | — |
| Beech Creek | — | — |
| Beechmont | — | — |
Frequently Asked Questions
Where does Realmo's Drakesboro market data come from?
Realmo compiles Drakesboro, KY figures from 3 recent recorded sales, 7 active sale listings, 49 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 7 active for-sale and 0 active for-lease listings in Drakesboro, 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
