Commercial Real Estate Market in Henderson, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
27 active listings and 1,144 off-market properties in Henderson, KY. Commercial property asks $317/SF to buy (based on 3 listings) and $15.50/SF/Yr to lease (based on 3 listings).
Market Trends
Henderson, KY spans 191.6 square miles in Henderson County, Kentucky. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Henderson, KY runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Henderson, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Henderson, KY runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Henderson, KY runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 34.8%
- Agricultural 28.4%
- Industrial 15.5%
- Commercial 10.5%
- Planned_development 4.7%
- Mixed use 4.4%
- Open space 1.5%
Largest Zones share of zoned land by district
Townhouses shall be permitted in the R-2, R-3, R-4, R-5, and PUD multifamily residential districts provided that the following requirements are met: Zero lot line. Each unit of a townhouse dwelling shall be located on a separate lot. Application of zero lot line provisions will require special covenants within the deeds of affected lots, to address issues un…
Market overview
Demographics & Economy
Henderson, KY has 37,664 residents in 17,316 households. Density runs 197 people per square mile. Median household income here is $56,661 and median gross rent $792 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Evansville | $80 | $13.00 |
| Newburgh | — | $16.75 |
Commercial property in Henderson, KY asks $317/SF. That compares with $80/SF in Evansville.
Frequently Asked Questions
What is the median price per square foot for commercial property in Henderson?
How much does it cost to lease commercial space in Henderson?
How does Henderson compare to nearby markets on price?
Where does Realmo's Henderson market data come from?
Methodology & data sources
- Asking prices and medians
- There are 14 active for-sale and 13 active for-lease listings in Henderson, KY. The medians are based on 3 of the for-sale and 3 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 9,373 zoned acres across 25 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
