Commercial Real Estate Market in Russellville, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
50 active listings and 682 off-market properties in Russellville, KY.
Market Trends
Russellville, KY spans 205.1 square miles in Logan County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Russellville, 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 Russellville, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Russellville, 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 Russellville, 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
- Residential 65.2%
- Industrial 17.4%
- Commercial 17.1%
Largest Zones share of zoned land by district
Single And Multifamily Residential District High Density
Heavy Industrial District
General Commercial District
Single Family Residential District Medium Density
Single Family Residential District
Russellville, KY zones 6,965 acres across 9 districts. Commercial zoning covers 17.1% of zoned land, residential 65.2% and industrial 17.4%. The largest single district is Single And Multifamily Residential District High Density at 45%. For commercial buyers the practical constraint is that only 34.5% of land carries a commercial or industrial designation.
Single And Multifamily Residential District High Density (R3)
The residential uses range from single family to multi family dwellings
Market overview
Demographics & Economy
Russellville, KY has 14,897 residents in 6,799 households. Density runs 73 people per square mile. Median household income here is $63,586 and median gross rent $741 a month.
14,897
Population
6,799
Households
2.2
Avg Household Size
42
Median Age
16%
College-Educated
90%
High-School Grad
205.1 sq mi
ZIP Area
73
Density / Sq Mi
$63,586
Median Household Income
$36,511
Median Earnings
$741
Median Rent
$156,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cave Spring | — | — |
| Cooperstown | — | — |
| Oakville | — | — |
| Gordonsville | — | — |
Commercial property in Russellville, KY asks $94/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Russellville?
Commercial property in Russellville, KY asks an average of $94 per square foot. The 5 most recent recorded sales traded at a median of $58/SF, so asking sits 64% above the achieved median.
What zoning applies to commercial property in Russellville?
Russellville, KY zones 6,965 acres across 9 districts, of which 17.1% is commercial and 17.4% industrial. The largest single district is Single And Multifamily Residential District High Density at 45% of zoned land. The residential uses range from single family to multi family dwellings Residential zoning covers 65.2% and open space 0%.
Where does Realmo's Russellville market data come from?
Realmo compiles Russellville, KY figures from 7 recent recorded sales, 48 active sale listings, 2 active lease listings, 682 tracked off-market properties, the current Russellville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 48 active for-sale and 2 active for-lease listings in Russellville, 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: 6,965 zoned acres across 9 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
