Commercial Real Estate Market in Smiths Grove, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
40 active listings and 104 off-market properties in Smiths Grove, KY.
Market Trends
Smiths Grove, KY spans 103.3 square miles in Warren County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Smiths Grove, 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 Smiths Grove, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Smiths Grove, 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 space in Smiths Grove, KY asks $193/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Market overview
Demographics & Economy
Smiths Grove, KY has 7,552 residents in 2,992 households. Density runs 73 people per square mile. Median household income here is $65,917 and median gross rent $877 a month.
7,552
Population
2,992
Households
2.5
Avg Household Size
40
Median Age
13%
College-Educated
89%
High-School Grad
103.3 sq mi
ZIP Area
73
Density / Sq Mi
$65,917
Median Household Income
$38,578
Median Earnings
$877
Median Rent
$173,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Oakland | — | — |
| Rocky Hill | — | — |
| 88 | — | — |
| Park City | — | — |
Frequently Asked Questions
How much does it cost to lease commercial space in Smiths Grove?
Asking lease rates in Smiths Grove, KY average $5.22 per square foot per year.
Where does Realmo's Smiths Grove market data come from?
Realmo compiles Smiths Grove, KY figures from 3 recent recorded sales, 39 active sale listings, 1 active lease listings, 104 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 39 active for-sale and 1 active for-lease listings in Smiths Grove, 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
