Commercial Real Estate Market in Hopkinsville, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
136 active listings and 1,155 off-market properties in Hopkinsville, KY. Commercial property asks $82/SF to buy and $16.11/SF/Yr to lease.
Market Trends
Hopkinsville, KY spans 277.2 square miles in Christian County, Kentucky. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Hopkinsville, KY asks $121/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 Hopkinsville, KY asks $100/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 Hopkinsville, 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 Hopkinsville, 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
- Commercial 33.1%
- Industrial 31.9%
- Residential 26.1%
- Agricultural 8%
- Civic 0.9%
- Planned_development 0.1%
Largest Zones share of zoned land by district
Heavy Industrial District
One And Two Family Residential District
Arterial Commercial District
Single Family Residential District
Multifamily Residential Districts
Hopkinsville, KY zones 17,270 acres across 18 districts. Commercial zoning covers 33.1% of zoned land, residential 26.1% and industrial 31.9%. The largest single district is Heavy Industrial District at 20%. For commercial buyers the practical constraint is that only 65.1% of land carries a commercial or industrial designation.
Arterial Commercial District (B-4)
RMH Residential Manufactured (Mobile) Housing District 158.063 PUD Planned Unit Development 158.064 B-l Neighborhood Business District 158.065 B-2 General Business District 158.066 B-3 Central Business District 158.067 B-4 Arterial Commercial District 158.068 I-l Light Industrial District 158.069 I-2 Heavy Industrial District 158.070 P-l Professional and Off…
Market overview
Demographics & Economy
Hopkinsville, KY has 41,791 residents in 18,663 households. Density runs 151 people per square mile. Median household income here is $49,872 and median gross rent $866 a month.
41,791
Population
18,663
Households
2.2
Avg Household Size
39
Median Age
21%
College-Educated
85%
High-School Grad
277.2 sq mi
ZIP Area
151
Density / Sq Mi
$49,872
Median Household Income
$36,321
Median Earnings
$866
Median Rent
$147,400
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Hopkinsville?
Commercial property in Hopkinsville, KY asks an average of $82 per square foot. The 6 most recent recorded sales traded at a median of $57/SF, so asking sits 44% above the achieved median. Office carries the highest asking price at $121/SF.
How much does it cost to lease commercial space in Hopkinsville?
Asking lease rates in Hopkinsville, KY average $16.11 per square foot per year.
What zoning applies to commercial property in Hopkinsville?
Hopkinsville, KY zones 17,270 acres across 18 districts, of which 33.1% is commercial and 31.9% industrial. The largest single district is Heavy Industrial District at 20% of zoned land. Residential zoning covers 26.1% and open space 0%.
Where does Realmo's Hopkinsville market data come from?
Realmo compiles Hopkinsville, KY figures from 7 recent recorded sales, 115 active sale listings, 21 active lease listings, 1,155 tracked off-market properties, the current Hopkinsville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 115 active for-sale and 21 active for-lease listings in Hopkinsville, 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: 17,270 zoned acres across 18 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 30 September 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 30 September 2026 · How Realmo checks market page data · Report a data issue
