Commercial Real Estate Market in Winchester, KY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
176 active listings and 886 off-market properties in Winchester, KY. Commercial property asks $14/SF to buy and $12.28/SF/Yr to lease.
Market Trends
Winchester, KY spans 237.3 square miles in Clark County, Kentucky. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Winchester, 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 Winchester, KY runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Winchester, 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 Winchester, KY asks $80/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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 31.5%
- Industrial 26.4%
- Planned_development 23.1%
- Agricultural 8.9%
- Commercial 8%
- Civic 2.2%
Largest Zones share of zoned land by district
Light Industrial District
Planned Development District
Single Family Residential
Agricultural District
Single Family Residential
Planned Development District (PD)
The purpose of the Planned Development District is to permit the combination of a variety of uses in a single planned project and thus encourage innovating design and economy of space for urban development.
Market overview
Demographics & Economy
Winchester, KY has 36,461 residents in 16,125 households. Density runs 154 people per square mile. Median household income here is $67,910 and median gross rent $884 a month.
36,461
Population
16,125
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
90%
High-School Grad
237.3 sq mi
ZIP Area
154
Density / Sq Mi
$67,910
Median Household Income
$40,323
Median Earnings
$884
Median Rent
$197,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Waldo | — | — |
| Clintonville | — | — |
| Ford | — | — |
| North Middletown | — | — |
Commercial property in Winchester, KY asks $14/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Winchester?
Commercial property in Winchester, KY asks an average of $14 per square foot. Multifamily carries the highest asking price at $80/SF.
How much does it cost to lease commercial space in Winchester?
Asking lease rates in Winchester, KY average $12.28 per square foot per year.
Where does Realmo's Winchester market data come from?
Realmo compiles Winchester, KY figures from 149 active sale listings, 27 active lease listings, 886 tracked off-market properties, the current Winchester zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 149 active for-sale and 27 active for-lease listings in Winchester, 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: 5,950 zoned acres across 18 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
