Commercial Real Estate Market in Sparta, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 35 off-market properties in Sparta, KY.
Market Trends
Sparta, KY spans 48.0 square miles in Gallatin County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Sparta, 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 Sparta, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Sparta, 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 Sparta, 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 17.2%
- Industrial 6.5%
- Commercial 4%
Largest Zones share of zoned land by district
No Zoning
Motor Equine And Entertainment
Residential
Light Industry
Highway Business
Residential (R)
The intent of this zone, when properly applied, is to provide areas for multi family residential development, This zone is only properly applied to areas with sanitary sewers available
Market overview
Demographics & Economy
Sparta, KY has 2,225 residents in 982 households. Density runs 46 people per square mile. Median household income here is $59,911 and median gross rent $869 a month.
2,225
Population
982
Households
2.3
Avg Household Size
39
Median Age
15%
College-Educated
88%
High-School Grad
48 sq mi
ZIP Area
46
Density / Sq Mi
$59,911
Median Household Income
$47,226
Median Earnings
$869
Median Rent
$166,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sanders | — | — |
| Glencoe | — | — |
| Eagle Station | — | — |
| Warsaw | — | — |
Commercial property in Sparta, KY asks $1,214/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Sparta?
Commercial property in Sparta, KY asks an average of $1,214 per square foot.
Where does Realmo's Sparta market data come from?
Realmo compiles Sparta, KY figures from 6 active sale listings, 35 tracked off-market properties, the current Sparta zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 0 active for-lease listings in Sparta, 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: 4,021 zoned acres across 5 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
