Commercial Real Estate Market in Middletown, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
4 active listings and 449 off-market properties in Middletown, KY.
Market Trends
Middletown, KY spans 4.1 square miles in Jefferson County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Middletown, 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 Middletown, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Middletown, 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 space in Middletown, KY asks $120/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 74.5%
- Industrial 12.8%
- Commercial 12.6%
- Mixed use 0.1%
Largest Zones share of zoned land by district
Residential Single Family District
Industrial District
Commercial District
Commercial District
Residential Multifamily District
Middletown, KY zones 3,171 acres across 20 districts. Commercial zoning covers 12.6% of zoned land, residential 74.5% and industrial 12.8%. The largest single district is Residential Single Family District at 55.3%. For commercial buyers the practical constraint is that only 25.4% of land carries a commercial or industrial designation.
Residential Single Family District (R4)
The R-4 District is intended for low-density, single-family residential development, preserving neighborhood character and open space.
Market overview
Demographics & Economy
Middletown, KY has 11,521 residents in 6,151 households. Density runs 2,805 people per square mile. Median household income here is $75,859 and median gross rent $1,260 a month.
11,521
Population
6,151
Households
1.9
Avg Household Size
44
Median Age
51%
College-Educated
97%
High-School Grad
4.1 sq mi
ZIP Area
2,805
Density / Sq Mi
$75,859
Median Household Income
$50,248
Median Earnings
$1,260
Median Rent
$297,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Woodland Hills | — | — |
| Douglass Hills | — | — |
| Sycamore | — | — |
| Blue Ridge Manor | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Middletown?
Middletown, KY zones 3,171 acres across 20 districts, of which 12.6% is commercial and 12.8% industrial. The largest single district is Residential Single Family District at 55.3% of zoned land. The R-4 District is intended for low-density, single-family residential development, preserving neighborhood character and open space. Residential zoning covers 74.5% and open space 0%.
Where does Realmo's Middletown market data come from?
Realmo compiles Middletown, KY figures from 7 recent recorded sales, 1 active sale listings, 3 active lease listings, 449 tracked off-market properties, the current Middletown zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 3 active for-lease listings in Middletown, 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: 3,171 zoned acres across 20 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
