Commercial Real Estate Market in Salvisa, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
19 active listings and 27 off-market properties in Salvisa, KY.
Market Trends
Salvisa, KY spans 53.7 square miles in Mercer County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Salvisa, 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 Salvisa, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Salvisa, 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 Salvisa, 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
Salvisa, KY has 2,344 residents in 904 households. Density runs 44 people per square mile. Median household income here is $86,667 and median gross rent $691 a month.
2,344
Population
904
Households
2.6
Avg Household Size
46
Median Age
23%
College-Educated
94%
High-School Grad
53.7 sq mi
ZIP Area
44
Density / Sq Mi
$86,667
Median Household Income
$45,324
Median Earnings
$691
Median Rent
$234,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bondville | — | — |
| Lawrenceburg | — | $25.27 |
| Harrodsburg | — | — |
| Shakertown | — | — |
Commercial property in Salvisa, KY asks $156/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Salvisa?
Commercial property in Salvisa, KY asks an average of $156 per square foot. The 3 most recent recorded sales traded at a median of $30/SF, so asking sits 415% above the achieved median.
Where does Realmo's Salvisa market data come from?
Realmo compiles Salvisa, KY figures from 3 recent recorded sales, 19 active sale listings, 27 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 19 active for-sale and 0 active for-lease listings in Salvisa, 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, 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
