Commercial Real Estate Market in Mount Vernon, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
38 active listings and 267 off-market properties in Mount Vernon, KY.
Market Trends
Mount Vernon, KY spans 162.8 square miles in Rockcastle County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Mount Vernon, 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 Mount Vernon, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Mount Vernon, 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 Mount Vernon, 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
Mount Vernon, KY has 8,949 residents in 4,111 households. Density runs 55 people per square mile. Median household income here is $46,879 and median gross rent $678 a month.
8,949
Population
4,111
Households
2.2
Avg Household Size
43
Median Age
17%
College-Educated
82%
High-School Grad
162.8 sq mi
ZIP Area
55
Density / Sq Mi
$46,879
Median Household Income
$40,494
Median Earnings
$678
Median Rent
$140,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Wildie | — | — |
| Brodhead | — | — |
| Orlando | — | — |
| Livingston | — | — |
Commercial property in Mount Vernon, KY asks $23/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Mount Vernon?
Commercial property in Mount Vernon, KY asks an average of $23 per square foot.
Where does Realmo's Mount Vernon market data come from?
Realmo compiles Mount Vernon, KY figures from 4 recent recorded sales, 36 active sale listings, 2 active lease listings, 267 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 36 active for-sale and 2 active for-lease listings in Mount Vernon, 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
