Commercial Real Estate Market in Mt Sterling, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
68 active listings and 845 off-market properties in Mt Sterling, KY. Commercial property asks $17/SF to buy and $13.00/SF/Yr to lease.
Market Trends
Mt Sterling, KY spans 141.3 square miles in Montgomery County, Kentucky. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Mt Sterling, KY runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail space in Mt Sterling, KY asks $109/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Mt Sterling, 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 Mt Sterling, 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
Mt Sterling, KY has 22,358 residents in 9,876 households. Density runs 158 people per square mile. Median household income here is $56,981 and median gross rent $794 a month.
22,358
Population
9,876
Households
2.3
Avg Household Size
40
Median Age
22%
College-Educated
85%
High-School Grad
141.3 sq mi
ZIP Area
158
Density / Sq Mi
$56,981
Median Household Income
$38,404
Median Earnings
$794
Median Rent
$179,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Mount Sterling | — | — |
| Owingsville | — | — |
Commercial property in Mt Sterling, KY asks $17/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Mt Sterling?
Commercial property in Mt Sterling, KY asks an average of $17 per square foot. Retail carries the highest asking price at $109/SF.
How much does it cost to lease commercial space in Mt Sterling?
Asking lease rates in Mt Sterling, KY average $13.00 per square foot per year.
Where does Realmo's Mt Sterling market data come from?
Realmo compiles Mt Sterling, KY figures from 64 active sale listings, 4 active lease listings, 845 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 64 active for-sale and 4 active for-lease listings in Mt Sterling, 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 30 September 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 30 September 2026 · How Realmo checks market page data · Report a data issue
