Commercial Real Estate Market in Martin, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 118 off-market properties in Martin, KY.
Market Trends
Martin, KY spans 24.0 square miles in Floyd County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Martin, KY asks $89/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 Martin, KY asks $67/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 Martin, 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 Martin, 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
Martin, KY has 2,259 residents in 1,201 households. Density runs 94 people per square mile. Median household income here is $37,681 and median gross rent $383 a month.
2,259
Population
1,201
Households
1.9
Avg Household Size
45
Median Age
10%
College-Educated
86%
High-School Grad
24 sq mi
ZIP Area
94
Density / Sq Mi
$37,681
Median Household Income
$26,843
Median Earnings
$383
Median Rent
$68,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hite | — | — |
| Allen | — | — |
| Printer | — | — |
| Old Allen | — | — |
Commercial property in Martin, KY asks $286/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Martin?
Commercial property in Martin, KY asks an average of $286 per square foot. Office carries the highest asking price at $89/SF.
Where does Realmo's Martin market data come from?
Realmo compiles Martin, KY figures from 3 recent recorded sales, 6 active sale listings, 118 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 6 active for-sale and 0 active for-lease listings in Martin, 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
