Commercial Real Estate Market in Elkton, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
25 active listings and 206 off-market properties in Elkton, KY.
Market Trends
Elkton, KY spans 167.9 square miles in Todd County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Elkton, 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 Elkton, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Elkton, 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 Elkton, KY runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 36.4%
- Agricultural 20.5%
- Commercial 15%
- Open space 14.4%
- Industrial 7.8%
- Civic 2.3%
Largest Zones share of zoned land by district
Single Family Residential District
Agriculture District
Conservation District
Highway Commercial District
Medium Density Residential District
Elkton, KY zones 1,621 acres across 10 districts. Commercial zoning covers 15% of zoned land, residential 36.4%, open space 14.4% and industrial 7.8%. The largest single district is Single Family Residential District at 26%. For commercial buyers the practical constraint is that only 22.8% of land carries a commercial or industrial designation.
Single Family Residential District (R-1)
The R-1 District is a low density residential zoning district designed for single-family homes and those uses compatible with single-family residential development
Market overview
Demographics & Economy
Elkton, KY has 6,697 residents in 2,653 households. Density runs 40 people per square mile. Median household income here is $55,907 and median gross rent $851 a month.
6,697
Population
2,653
Households
2.5
Avg Household Size
37
Median Age
15%
College-Educated
83%
High-School Grad
167.9 sq mi
ZIP Area
40
Density / Sq Mi
$55,907
Median Household Income
$41,536
Median Earnings
$851
Median Rent
$148,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Daysville | — | — |
| Gordonsville | — | — |
| Allensville | — | — |
| Keysburg | — | — |
Commercial property in Elkton, KY asks $163/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Elkton?
Commercial property in Elkton, KY asks an average of $163 per square foot.
What zoning applies to commercial property in Elkton?
Elkton, KY zones 1,621 acres across 10 districts, of which 15% is commercial and 7.8% industrial. The largest single district is Single Family Residential District at 26% of zoned land. The R-1 District is a low density residential zoning district designed for single-family homes and those uses compatible with single-family residential development Residential zoning covers 36.4% and open space 14.4%.
Where does Realmo's Elkton market data come from?
Realmo compiles Elkton, KY figures from 25 active sale listings, 206 tracked off-market properties, the current Elkton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 25 active for-sale and 0 active for-lease listings in Elkton, 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: 1,621 zoned acres across 10 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
