Commercial Real Estate Market in Mortons Gap, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 27 off-market properties in Mortons Gap, KY.
Market Trends
Mortons Gap, KY spans 1.4 square miles in Hopkins County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Mortons Gap, KY asks $70/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 vacancy in Mortons Gap, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Mortons Gap, 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 Mortons Gap, 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
Mortons Gap, KY has 729 residents in 367 households. Density runs 516 people per square mile. Median household income here is $38,750 and median gross rent $688 a month.
729
Population
367
Households
2
Avg Household Size
44
Median Age
7%
College-Educated
89%
High-School Grad
1.4 sq mi
ZIP Area
516
Density / Sq Mi
$38,750
Median Household Income
$38,167
Median Earnings
$688
Median Rent
$99,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Earlington | — | — |
| Nortonville | — | — |
| Saint Charles | — | — |
| White Plains | — | — |
Commercial property in Mortons Gap, KY asks $150/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Mortons Gap?
Commercial property in Mortons Gap, KY asks an average of $150 per square foot. Office carries the highest asking price at $70/SF.
Where does Realmo's Mortons Gap market data come from?
Realmo compiles Mortons Gap, KY figures from 2 recent recorded sales, 1 active sale listings, 27 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 1 active for-sale and 0 active for-lease listings in Mortons Gap, 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
