Commercial Real Estate Market in Paris, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
24 active listings and 257 off-market properties in Paris, KY.
Market Trends
Paris, KY spans 257.1 square miles in Bourbon County, Kentucky. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Paris, KY runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Paris, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Paris, KY runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily space in Paris, KY has a median asking sale price of $114/SF (based on 4 listings). Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 45.1%
- Open space 16.9%
- Industrial 13.4%
- Commercial 11.3%
- Agricultural 8.6%
- Planned_development 2.2%
- Civic 0.9%
Largest Zones share of zoned land by district
Paris, KY zones 5,088 acres across 19 districts. Commercial zoning covers 11.3% of zoned land, residential 45.1%, open space 16.9% and industrial 13.4%. The largest single district is Residential at 19.5%. For commercial buyers the practical constraint is that only 24.8% of land carries a commercial or industrial designation.
R-3 Residential R-4 Residential R-5 Residential R-6 Residential R-7 Residential R-8 Residential B-1 Central Business B-2 General Commercial B-3 Neighborhood Commercial I-1 Light Industrial I-2 Heavy Industrial C- Conservation H-M Hospital/Medical H Historic PUD Planned Unit Development (Am. Ord. passed 5-6-80, Section 1) B. Zoning Map. 1. The above districts…
Market overview
Demographics & Economy
Paris, KY has 18,214 residents in 8,173 households. Density runs 71 people per square mile. Median household income here is $57,074 and median gross rent $793 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Paris?
What zoning applies to commercial property in Paris?
Where does Realmo's Paris market data come from?
Methodology & data sources
- Asking prices and medians
- There are 21 active for-sale and 3 active for-lease listings in Paris, KY. The sale median is based on 16 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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.
- Zoning and land use
- The current municipal zoning release: 5,088 zoned acres across 19 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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 October 2026 · How Realmo checks market page data · Report a data issue
