Commercial Real Estate Market in Paris, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
54 active listings and 257 off-market properties in Paris, KY. Commercial property asks $38/SF to buy and $8.00/SF/Yr to lease.
Market Trends
Paris, KY spans 257.1 square miles in Bourbon County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Paris, 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 Paris, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
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%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Paris, KY asks $102/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
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
Residential
Conservation
General Commercial
Residential
Light Industrial
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.
Residential (R-3)
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.
18,214
Population
8,173
Households
2.2
Avg Household Size
42
Median Age
25%
College-Educated
87%
High-School Grad
257.1 sq mi
ZIP Area
71
Density / Sq Mi
$57,074
Median Household Income
$36,206
Median Earnings
$793
Median Rent
$216,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Shawhan | — | — |
| Ruddels Mills | — | — |
| Millersburg | — | — |
| Clintonville | — | — |
Commercial property in Paris, KY asks $38/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Paris?
Commercial property in Paris, KY asks an average of $38 per square foot. The 3 most recent recorded sales traded at a median of $80/SF. Multifamily carries the highest asking price at $102/SF.
How much does it cost to lease commercial space in Paris?
Asking lease rates in Paris, KY average $8.00 per square foot per year.
What zoning applies to commercial property in Paris?
Paris, KY zones 5,088 acres across 19 districts, of which 11.3% is commercial and 13.4% industrial. The largest single district is Residential at 19.5% of zoned land. 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… Residential zoning covers 45.1% and open space 16.9%.
Where does Realmo's Paris market data come from?
Realmo compiles Paris, KY figures from 7 recent recorded sales, 53 active sale listings, 1 active lease listings, 257 tracked off-market properties, the current Paris zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 53 active for-sale and 1 active for-lease listings in Paris, 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.
- 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 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
