Commercial Real Estate Market in Steele, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Steele, KY spans 9.6 square miles in Pike County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Steele, 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 Steele, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Steele, 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 Steele, KY asks $117/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
Steele, KY has 438 residents in 243 households. Density runs 45 people per square mile.
438
Population
243
Households
1.8
Avg Household Size
46
Median Age
21%
College-Educated
72%
High-School Grad
9.6 sq mi
ZIP Area
45
Density / Sq Mi
$0
Median Household Income
$0
Median Earnings
$0
Median Rent
$111,000
Median Home Value
Tools
Nearby Markets
Methodology & data sources
- 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
