Commercial Real Estate Market in Harrodsburg, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
53 active listings and 474 off-market properties in Harrodsburg, KY. Commercial property asks $2/SF to buy and $5.26/SF/Yr to lease.
Market Trends
Harrodsburg, KY spans 220.8 square miles in Mercer County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Harrodsburg, 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 Harrodsburg, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Harrodsburg, 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 Harrodsburg, 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 60.2%
- Industrial 30.6%
- Commercial 8.7%
- Special 0.6%
Largest Zones share of zoned land by district
High Density Residential
Low Density Residential
Light Industry
Heavy Industry
General Business
Harrodsburg, KY zones 3,550 acres across 8 districts. Commercial zoning covers 8.7% of zoned land, residential 60.2% and industrial 30.6%. The largest single district is High Density Residential at 41.3%. For commercial buyers the practical constraint is that only 39.2% of land carries a commercial or industrial designation.
High Density Residential (R-2)
Any use permitted in the R-2 high density residential district. Offices such as that of a physician, dentist, lawyer, musician, engineer, or other professional person, government offices, banks, buildings and loan associations; provided, however that no retail business, unless specifically defined herein, shall be conducted within this area. 7.3. Uses Prohib…
Market overview
Demographics & Economy
Harrodsburg, KY has 20,440 residents in 9,559 households. Density runs 93 people per square mile. Median household income here is $61,804 and median gross rent $780 a month.
20,440
Population
9,559
Households
2.1
Avg Household Size
43
Median Age
23%
College-Educated
91%
High-School Grad
220.8 sq mi
ZIP Area
93
Density / Sq Mi
$61,804
Median Household Income
$38,075
Median Earnings
$780
Median Rent
$187,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Shakertown | — | — |
| Cornishville | — | — |
| Burgin | — | — |
| Pleasanthill | — | — |
Commercial property in Harrodsburg, KY asks $2/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Harrodsburg?
Commercial property in Harrodsburg, KY asks an average of $2 per square foot. The 7 most recent recorded sales traded at a median of $50/SF.
How much does it cost to lease commercial space in Harrodsburg?
Asking lease rates in Harrodsburg, KY average $5.26 per square foot per year.
What zoning applies to commercial property in Harrodsburg?
Harrodsburg, KY zones 3,550 acres across 8 districts, of which 8.7% is commercial and 30.6% industrial. The largest single district is High Density Residential at 41.3% of zoned land. Any use permitted in the R-2 high density residential district. Offices such as that of a physician, dentist, lawyer, musician, engineer, or other professional person, government offices, banks, buildings and loan associations; provided, however that no retail business, unless specifically defined herein, shall be conducted within this area. 7.3. Uses Prohib… Residential zoning covers 60.2% and open space 0%.
Where does Realmo's Harrodsburg market data come from?
Realmo compiles Harrodsburg, KY figures from 8 recent recorded sales, 49 active sale listings, 4 active lease listings, 474 tracked off-market properties, the current Harrodsburg zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 49 active for-sale and 4 active for-lease listings in Harrodsburg, 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: 3,550 zoned acres across 8 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
