Commercial Real Estate Market in Olive Hill, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
17 active listings and 198 off-market properties in Olive Hill, KY.
Market Trends
Olive Hill, KY spans 242.2 square miles in Carter County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Olive Hill, 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 Olive Hill, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Olive Hill, 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 Olive Hill, 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
Olive Hill, KY has 12,231 residents in 5,953 households. Density runs 50 people per square mile. Median household income here is $53,777 and median gross rent $588 a month.
12,231
Population
5,953
Households
2.1
Avg Household Size
44
Median Age
16%
College-Educated
83%
High-School Grad
242.2 sq mi
ZIP Area
50
Density / Sq Mi
$53,777
Median Household Income
$31,235
Median Earnings
$588
Median Rent
$102,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Clark Hill | — | — |
| Garvin Ridge | — | — |
| Prater | — | — |
| Limestone | — | — |
Commercial property in Olive Hill, KY asks $215/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Olive Hill?
Commercial property in Olive Hill, KY asks an average of $215 per square foot.
Methodology & data sources
- Asking prices and averages
- Computed from 17 active for-sale and 0 active for-lease listings in Olive Hill, 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
