Commercial Real Estate Market in Lagrange, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Lagrange, KY spans 66.9 square miles in Oldham County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lagrange, KY runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Lagrange, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Lagrange, 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 Lagrange, 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 55.8%
- Planned_development 24.1%
- Industrial 10.8%
- Commercial 8.7%
- Open space 0.7%
Largest Zones share of zoned land by district
Lagrange, KY zones 4,630 acres across 18 districts. Commercial zoning covers 8.7% of zoned land, residential 55.8%, open space 0.7% and industrial 10.8%. The largest single district is Residential District at 28.2%. For commercial buyers the practical constraint is that only 19.4% of land carries a commercial or industrial designation.
The purpose of the R-2 Residential District is to allow, preserve and protect the character of low density, detached single-family areas and neighborhoods at densities up to 3.63 dwelling units per acre.
Market overview
Demographics & Economy
Lagrange, KY has 25,322 residents in 8,507 households. Density runs 379 people per square mile. Median household income here is $96,682 and median gross rent $1,120 a month.
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| La Grange | — | — |
| Buckner | — | — |
| Westport | — | — |
| Ballardsville | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Lagrange?
Methodology & data sources
- 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: 4,630 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 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
