Commercial Real Estate Market in Hazard, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
23 active listings and 768 off-market properties in Hazard, KY.
Market Trends
Hazard, KY spans 140.4 square miles in Perry County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Hazard, KY asks $55/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Hazard, KY asks $113/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Hazard, 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 Hazard, KY asks $92/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
Market overview
Demographics & Economy
Hazard, KY has 16,761 residents in 7,596 households. Density runs 119 people per square mile. Median household income here is $39,427 and median gross rent $802 a month.
16,761
Population
7,596
Households
2.2
Avg Household Size
42
Median Age
18%
College-Educated
81%
High-School Grad
140.4 sq mi
ZIP Area
119
Density / Sq Mi
$39,427
Median Household Income
$32,150
Median Earnings
$802
Median Rent
$107,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Combs | — | — |
| Browns Fork | — | — |
| Darfork | — | — |
| Threeforks | — | — |
Commercial property in Hazard, KY asks $79/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hazard?
Commercial property in Hazard, KY asks an average of $79 per square foot. The 3 most recent recorded sales traded at a median of $18/SF, so asking sits 326% above the achieved median. Retail carries the highest asking price at $113/SF.
Where does Realmo's Hazard market data come from?
Realmo compiles Hazard, KY figures from 6 recent recorded sales, 22 active sale listings, 1 active lease listings, 768 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 22 active for-sale and 1 active for-lease listings in Hazard, 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
