Commercial Real Estate Market in Manchester, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
55 active listings and 304 off-market properties in Manchester, KY.
Market Trends
Manchester, KY spans 338.9 square miles in Clay County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Manchester, 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 Manchester, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Manchester, 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 Manchester, KY runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Manchester, KY has 17,714 residents in 7,385 households. Density runs 52 people per square mile. Median household income here is $39,694 and median gross rent $713 a month.
17,714
Population
7,385
Households
2.4
Avg Household Size
41
Median Age
17%
College-Educated
74%
High-School Grad
338.9 sq mi
ZIP Area
52
Density / Sq Mi
$39,694
Median Household Income
$31,919
Median Earnings
$713
Median Rent
$95,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Marcum | — | — |
| Garrard | — | — |
| Hima | — | — |
| Bluehole | — | — |
Commercial property in Manchester, KY asks $1/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Manchester?
Commercial property in Manchester, KY asks an average of $1 per square foot. The 6 most recent recorded sales traded at a median of $90/SF.
Where does Realmo's Manchester market data come from?
Realmo compiles Manchester, KY figures from 8 recent recorded sales, 55 active sale listings, 304 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 55 active for-sale and 0 active for-lease listings in Manchester, 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 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
