U.S. Commercial Real Estate Market
Asking prices, available listings and property market research across the United States.
Explore 795,419 for-sale listings and 188,074 for-lease listings in our U.S. database. Compare office, retail, industrial and multifamily markets before exploring individual properties.
Listing snapshot October 5, 2026. Sale and lease counts can overlap for properties offered both ways.
- For-sale listings
- 795,419
- For-lease listings
- 188,074
- Average asking price
- $258/SF
- Average asking rent
- $23.04/SF/year
REALMO RESEARCH · Q3 2026
A closer look at transactions, available listings and property interest across the United States, with sector breakdowns and state tables.
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Market Trends
Current asking prices and rents from active listings. The quarterly charts group those listings by when they were added, so they show today's asking prices for each listing cohort, not historical market-wide prices.
Office
54,069 for-sale listings and 85,058 for-lease listings. Average asking price $217/SF. Average asking rent $24.72/SF/year.
Retail
58,028 for-sale listings and 57,849 for-lease listings. Average asking price $232/SF. Average asking rent $22.45/SF/year.
Industrial
32,158 for-sale listings and 36,336 for-lease listings. Average asking price $169/SF. Average asking rent $15.15/SF/year.
Multifamily
89,208 for-sale listings and 2,241 for-lease listings. Average asking price $257/SF. Average asking rent $26.16/SF/year.
Markets by State
Compare available listings using the same method and snapshot. Asking averages include listings with usable prices only. A dash means fewer than 10 eligible observations.
| State | For sale | For lease | Asking price $/SF | Asking rent $/SF/year |
|---|---|---|---|---|
| Alabama | 19,325 | 1,465 | $180 | $16.96 |
| Alaska | 1,822 | 566 | $221 | $24.85 |
| Arizona | 23,779 | 4,943 | $187 | $21.44 |
| Arkansas | 20,019 | 1,938 | $203 | $20.28 |
| California | 50,987 | 23,204 | $410 | $24.31 |
| Colorado | 18,226 | 4,769 | $363 | $20.33 |
| Connecticut | 4,313 | 3,756 | $223 | $20.18 |
| Delaware | 1,513 | 681 | $242 | $18.19 |
| Florida | 88,251 | 16,098 | $320 | $31.56 |
| Georgia | 28,812 | 4,103 | $248 | $18.43 |
| Hawaii | 2,627 | 186 | $348 | $33.32 |
| Idaho | 9,303 | 916 | $273 | $51.90 |
| Illinois | 18,219 | 7,051 | $167 | $20.90 |
| Indiana | 11,097 | 3,261 | $147 | $24.80 |
| Iowa | 9,013 | 1,984 | $127 | $16.81 |
| Kansas | 5,122 | 1,095 | $149 | $15.33 |
| Kentucky | 11,214 | 1,794 | $190 | $20.72 |
| Louisiana | 19,100 | 3,963 | $175 | $23.15 |
| Maine | 5,401 | 267 | $198 | $19.23 |
| Maryland | 6,951 | 4,189 | $244 | $19.52 |
| Massachusetts | 8,255 | 6,414 | $339 | $28.98 |
| Michigan | 27,532 | 6,607 | $138 | $18.41 |
| Minnesota | 8,170 | 2,279 | $157 | $18.95 |
| Mississippi | 10,399 | 1,154 | $133 | $17.10 |
| Missouri | 18,234 | 2,597 | $166 | $20.01 |
| Montana | 6,737 | 837 | $331 | $24.25 |
| Nebraska | 4,140 | 956 | $217 | $16.37 |
| Nevada | 6,845 | 1,638 | $161 | $16.86 |
| New Hampshire | 3,021 | 1,006 | $198 | $16.36 |
| New Jersey | 11,283 | 5,680 | $294 | $24.04 |
| New Mexico | 8,177 | 828 | $203 | $20.94 |
| New York | 32,365 | 10,791 | $508 | $32.13 |
| North Carolina | 36,355 | 3,531 | $241 | $23.35 |
| North Dakota | 1,406 | 351 | $139 | $15.61 |
| Ohio | 15,697 | 6,270 | $120 | $19.80 |
| Oklahoma | 14,074 | 1,621 | $190 | $15.07 |
| Oregon | 10,144 | 2,443 | $261 | $26.61 |
| Pennsylvania | 21,603 | 8,595 | $169 | $19.97 |
| Rhode Island | 2,010 | 642 | $234 | $20.62 |
| South Carolina | 15,353 | 2,671 | $224 | $22.71 |
| South Dakota | 2,363 | 273 | $229 | $14.92 |
| Tennessee | 19,560 | 2,511 | $189 | $24.32 |
| Texas | 98,533 | 17,824 | $243 | $21.05 |
| Utah | 8,016 | 2,128 | $186 | $25.11 |
| Vermont | 1,889 | 237 | $168 | $13.91 |
| Virginia | 14,477 | 4,317 | $235 | $22.56 |
| Washington | 12,015 | 4,465 | $268 | $22.77 |
| West Virginia | 3,566 | 225 | $135 | $16.37 |
| Wisconsin | 13,732 | 1,722 | $145 | $15.96 |
| Wyoming | 2,770 | 78 | $353 | $52.47 |
| Washington, DC | 1,604 | 1,154 | $425 | $32.76 |
City Markets
Take a closer look at local asking prices, available properties and market conditions.
Frequently Asked Questions
What is the average asking price for U.S. commercial property?
How much does it cost to lease commercial space in the U.S.?
Do these figures represent every property in the country?
Methodology and Data Sources
- Listing coverage
- Listing figures come from Realmo's public U.S. listing index and refresh hourly. The snapshot date shows when the figures were retrieved. For-sale and for-lease counts are separate and may overlap. Property categories may overlap too.
- Asking prices and rents
- Asking price per square foot uses each listing's indexed price-per-square-foot value. Asking rents use annual dollars per square foot. We exclude missing and out-of-range values using the existing listing aggregation rules and publish averages only with at least 10 priced listings. A listing with a range can contribute both endpoints. These are asking figures, not recorded sale prices or signed lease rates.
- Quarterly charts
- Quarterly charts cover active listings grouped by their original publication quarter, retaining their current asking figures. They do not reconstruct past inventory or past asking prices. Only completed quarters with enough priced listings are shown.
- Vacancy
- Vacancy uses the same published national annual series available on our city market pages, sourced from Cushman & Wakefield U.S. MarketBeat research. Only completed years are shown. Retail vacancy covers shopping centers. Vacancy is not calculated from Realmo's listing counts.
- Quarterly report
- The quarterly PDF is a separate research publication with its own reporting dates, coverage and methodology.
