Commercial Real Estate Market in Midway, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
6 active listings and 16 off-market properties in Midway, KY.
Market Trends
Midway, KY spans 40.6 square miles in Woodford County, Kentucky. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Midway, KY runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Midway, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Midway, 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 Midway, 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 44.4%
- Industrial 42.4%
- Commercial 8.6%
- Open space 4.2%
- Agricultural 0.4%
Largest Zones share of zoned land by district
Midway, KY zones 1,011 acres across 13 districts. Commercial zoning covers 8.6% of zoned land, residential 44.4%, open space 4.2% and industrial 42.4%. The largest single district is Light Industrial at 42%. For commercial buyers the practical constraint is that only 51% of land carries a commercial or industrial designation.
Industry (I-1) zoning district; c. Minimum Park Area. Twenty (20) acres; d. Maximum RV Spaces, Campsites and/or Cabins: One Hundred (100); e. All RV Parks shall be connected to public sanitary sewer and shall conform to appropriate Commonwealth of Kentucky Plumbing Code and Woodford County Health Department Rules and Regulations; and f. All campsites, buildi…
Market overview
Demographics & Economy
Midway, KY has 3,114 residents in 1,520 households. Density runs 77 people per square mile. Median household income here is $84,054 and median gross rent $1,011 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Versailles | $228 | $14.00 |
| Georgetown | $247 | $20.00 |
| Frankfort | $120 | $13.79 |
Commercial property in Midway, KY asks $375/SF. The 3 bordering markets run from $120/SF in Frankfort to $247/SF in Georgetown, and the city sits above their $228/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Midway?
How does Midway compare to nearby markets on price?
What zoning applies to commercial property in Midway?
Where does Realmo's Midway market data come from?
Methodology & data sources
- Asking prices and medians
- There are 5 active for-sale and 1 active for-lease listings in Midway, KY. The sale median is based on 3 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 1,011 zoned acres across 13 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
