Commercial Real Estate Market in Elizabethtown, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
123 active listings and 1,868 off-market properties in Elizabethtown, KY. Commercial property asks $547/SF to buy and $17.88/SF/Yr to lease.
Market Trends
Elizabethtown, KY spans 161.8 square miles in Hardin County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Elizabethtown, 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 Elizabethtown, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Elizabethtown, 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 Elizabethtown, KY asks $177/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 49.3%
- Industrial 21.1%
- Commercial 18.9%
- Special 2.1%
- Mixed use 0.7%
Largest Zones share of zoned land by district
Suburban Residential 2
Regional Commercial
Urban Residential 4 General
General Industrial
Regional Industrial
Elizabethtown, KY zones 19,789 acres across 21 districts. Commercial zoning covers 18.9% of zoned land, residential 49.3% and industrial 21.1%. The largest single district is Suburban Residential 2 at 21%. For commercial buyers the practical constraint is that only 40% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Elizabethtown, KY has 52,731 residents in 23,565 households. Density runs 326 people per square mile. Median household income here is $68,715 and median gross rent $902 a month.
52,731
Population
23,565
Households
2.2
Avg Household Size
40
Median Age
28%
College-Educated
94%
High-School Grad
161.8 sq mi
ZIP Area
326
Density / Sq Mi
$68,715
Median Household Income
$44,251
Median Earnings
$902
Median Rent
$235,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Glendale | — | — |
| Cecilia | — | — |
| Stephensburg | — | — |
| Radcliff | — | $18.33 |
Commercial property in Elizabethtown, KY asks $547/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Elizabethtown?
Commercial property in Elizabethtown, KY asks an average of $547 per square foot. Multifamily carries the highest asking price at $177/SF.
How much does it cost to lease commercial space in Elizabethtown?
Asking lease rates in Elizabethtown, KY average $17.88 per square foot per year.
What zoning applies to commercial property in Elizabethtown?
Elizabethtown, KY zones 19,789 acres across 21 districts, of which 18.9% is commercial and 21.1% industrial. The largest single district is Suburban Residential 2 at 21% of zoned land. Residential zoning covers 49.3% and open space 0%.
Where does Realmo's Elizabethtown market data come from?
Realmo compiles Elizabethtown, KY figures from 7 recent recorded sales, 105 active sale listings, 18 active lease listings, 1,868 tracked off-market properties, the current Elizabethtown zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 105 active for-sale and 18 active for-lease listings in Elizabethtown, 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: 19,789 zoned acres across 21 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
