Commercial Real Estate Market in New Hope, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
3 active listings and 2 off-market properties in New Hope, KY.
Market Trends
New Hope, KY spans 22.7 square miles in Nelson County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in New Hope, 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 New Hope, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in New Hope, 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 New Hope, 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
New Hope, KY has 620 residents in 224 households. Density runs 27 people per square mile. Median household income here is $54,934.
620
Population
224
Households
2.8
Avg Household Size
43
Median Age
16%
College-Educated
80%
High-School Grad
22.7 sq mi
ZIP Area
27
Density / Sq Mi
$54,934
Median Household Income
$32,056
Median Earnings
$0
Median Rent
$130,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Howardstown | — | — |
| Raywick | — | — |
| Saint Francis | — | — |
| Trappist | — | — |
Methodology & data sources
- Asking prices and averages
- Computed from 3 active for-sale and 0 active for-lease listings in New Hope, 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
