Commercial Real Estate Market in Prestonsburg, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
21 active listings and 561 off-market properties in Prestonsburg, KY.
Market Trends
Prestonsburg, KY spans 125.3 square miles in Floyd County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Prestonsburg, KY asks $89/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Prestonsburg, KY asks $67/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Prestonsburg, 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 Prestonsburg, KY runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Open space 43.7%
- Residential 34.6%
- Commercial 20.2%
- Industrial 1.3%
- Agricultural 0.1%
Largest Zones share of zoned land by district
Park With Facilities
Single And Double Family Dwellings
Highway Business District
Park With No Facilities
General Business District
Prestonsburg, KY zones 9,631 acres across 12 districts. Commercial zoning covers 20.2% of zoned land, residential 34.6%, open space 43.7% and industrial 1.3%. The largest single district is Park With Facilities at 36.2%. For commercial buyers the practical constraint is that only 21.5% of land carries a commercial or industrial designation.
Park With Facilities (P-2)
Low Density Medium Density High Density COMNfERCIAL DISTRICTS Neighborhood Business General Business Central Business Highway Business INDUSTRIAL DISTRICTS Light Industry Heavy Industry RECREATIONAL DISTRICTS P-1: Parks P-2: Recreation Facilities INTERPRETATION OF ZONING-DISTRICT BOUNDARIES The following rules shall be used to interpret the exact location of…
Market overview
Demographics & Economy
Prestonsburg, KY has 10,937 residents in 5,361 households. Density runs 87 people per square mile. Median household income here is $43,984 and median gross rent $662 a month.
10,937
Population
5,361
Households
2
Avg Household Size
43
Median Age
17%
College-Educated
82%
High-School Grad
125.3 sq mi
ZIP Area
87
Density / Sq Mi
$43,984
Median Household Income
$36,858
Median Earnings
$662
Median Rent
$117,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Watergap | — | — |
| Sloan | — | — |
| Dwale | — | — |
| Blue River | — | — |
Commercial property in Prestonsburg, KY asks $115/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Prestonsburg?
Commercial property in Prestonsburg, KY asks an average of $115 per square foot. The 5 most recent recorded sales traded at a median of $37/SF, so asking sits 213% above the achieved median. Office carries the highest asking price at $89/SF.
What zoning applies to commercial property in Prestonsburg?
Prestonsburg, KY zones 9,631 acres across 12 districts, of which 20.2% is commercial and 1.3% industrial. The largest single district is Park With Facilities at 36.2% of zoned land. Low Density Medium Density High Density COMNfERCIAL DISTRICTS Neighborhood Business General Business Central Business Highway Business INDUSTRIAL DISTRICTS Light Industry Heavy Industry RECREATIONAL DISTRICTS P-1: Parks P-2: Recreation Facilities INTERPRETATION OF ZONING-DISTRICT BOUNDARIES The following rules shall be used to interpret the exact location of… Residential zoning covers 34.6% and open space 43.7%.
Where does Realmo's Prestonsburg market data come from?
Realmo compiles Prestonsburg, KY figures from 5 recent recorded sales, 17 active sale listings, 4 active lease listings, 561 tracked off-market properties, the current Prestonsburg zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 17 active for-sale and 4 active for-lease listings in Prestonsburg, 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: 9,631 zoned acres across 12 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, 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 August 2026 · report a data issue
