Commercial Real Estate Market in Midway, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
10 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 August 2026.
Office
Office vacancy in Midway, 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 Midway, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
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%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Midway, KY runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
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
Light Industrial
Medium Density Residential
Single Family Residential
Single Family Residential
Highway Interchange Service
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.
Light Industrial (I-1)
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.
3,114
Population
1,520
Households
2
Avg Household Size
42
Median Age
46%
College-Educated
95%
High-School Grad
40.6 sq mi
ZIP Area
77
Density / Sq Mi
$84,054
Median Household Income
$33,625
Median Earnings
$1,011
Median Rent
$318,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Dolan | — | — |
| Versailles | — | $12.50 |
| Georgetown | — | — |
| Stamping Ground | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Midway?
Midway, KY zones 1,011 acres across 13 districts, of which 8.6% is commercial and 42.4% industrial. The largest single district is Light Industrial at 42% of zoned land. 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… Residential zoning covers 44.4% and open space 4.2%.
Where does Realmo's Midway market data come from?
Realmo compiles Midway, KY figures from 8 active sale listings, 2 active lease listings, 16 tracked off-market properties, the current Midway zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 8 active for-sale and 2 active for-lease listings in Midway, 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: 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 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
