Commercial Real Estate Market in Russell Springs, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
180 active listings and 224 off-market properties in Russell Springs, KY.
Market Trends
Russell Springs, KY spans 140.2 square miles in Russell County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Russell Springs, KY asks $189/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 vacancy in Russell Springs, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Russell Springs, 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 Russell Springs, 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
Russell Springs, KY has 12,939 residents in 6,453 households. Density runs 92 people per square mile. Median household income here is $54,100 and median gross rent $686 a month.
12,939
Population
6,453
Households
2
Avg Household Size
42
Median Age
15%
College-Educated
83%
High-School Grad
140.2 sq mi
ZIP Area
92
Density / Sq Mi
$54,100
Median Household Income
$36,281
Median Earnings
$686
Median Rent
$138,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Webbs Cross Roads | — | — |
| Jamestown | — | — |
| Montpelier | — | — |
| Sewellton | — | — |
Commercial property in Russell Springs, KY asks $64/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Russell Springs?
Commercial property in Russell Springs, KY asks an average of $64 per square foot. Office carries the highest asking price at $189/SF.
Where does Realmo's Russell Springs market data come from?
Realmo compiles Russell Springs, KY figures from 177 active sale listings, 3 active lease listings, 224 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 177 active for-sale and 3 active for-lease listings in Russell Springs, 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
