Commercial Real Estate Market in Pikeville, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
12 active listings and 818 off-market properties in Pikeville, KY.
Market Trends
Pikeville, KY spans 192.4 square miles in Pike County, Kentucky. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Pikeville, KY runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Pikeville, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Pikeville, 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 vacancy in Pikeville, KY 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 69.4%
- Planned_development 10.2%
- Industrial 10.1%
- Commercial 9.5%
- Civic 0.8%
Largest Zones share of zoned land by district
Pikeville, KY zones 11,007 acres across 13 districts. Commercial zoning covers 9.5% of zoned land, residential 69.4% and industrial 10.1%. The largest single district is One And Two Family Residential at 47.3%. For commercial buyers the practical constraint is that only 19.7% of land carries a commercial or industrial designation.
Interpretation of district boundaries Zoning District Regulations 156.100 R-1 One-Family Residential District 156.101 R-1A Inner-City One-Family Residential District 156.102 R-1T Townhouses Residential District 156.103 R-2 One- and Two-Family Residential District 156.104 R-3 One- and Multiple-Family Residential District 156.105 MP Mobile Home Park District 1…
Market overview
Demographics & Economy
Pikeville, KY has 22,636 residents in 11,343 households. Density runs 118 people per square mile. Median household income here is $44,719 and median gross rent $873 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Pikeville?
What zoning applies to commercial property in Pikeville?
Where does Realmo's Pikeville market data come from?
Methodology & data sources
- Asking prices and medians
- There are 7 active for-sale and 5 active for-lease listings in Pikeville, KY. The sale median is based on 5 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: 11,007 zoned acres across 13 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 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 October 2026 · How Realmo checks market page data · Report a data issue
