Commercial Real Estate Market in Goodwater, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
13 active listings and 93 off-market properties in Goodwater, AL.
Market Trends
Goodwater, AL spans 183.6 square miles in Coosa County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Goodwater, AL runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Goodwater, AL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Goodwater, AL 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 Goodwater, AL 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 59.6%
- Industrial 22.5%
- Agricultural 15%
- Commercial 3%
Largest Zones share of zoned land by district
Residential Single Family
Manufacturing General
Agricultural
Residential Two Family
Residential Two Family Mobile Home Area
Goodwater, AL zones 3,894 acres across 9 districts. Commercial zoning covers 3% of zoned land, residential 59.6% and industrial 22.5%. The largest single district is Residential Single Family at 45.4%. For commercial buyers the practical constraint is that only 25.4% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Goodwater, AL has 4,910 residents in 2,430 households. Density runs 27 people per square mile. Median household income here is $51,801 and median gross rent $667 a month.
4,910
Population
2,430
Households
2
Avg Household Size
46
Median Age
17%
College-Educated
85%
High-School Grad
183.6 sq mi
ZIP Area
27
Density / Sq Mi
$51,801
Median Household Income
$31,593
Median Earnings
$667
Median Rent
$99,000
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Goodwater?
Goodwater, AL zones 3,894 acres across 9 districts, of which 3% is commercial and 22.5% industrial. The largest single district is Residential Single Family at 45.4% of zoned land. Residential zoning covers 59.6% and open space 0%.
Where does Realmo's Goodwater market data come from?
Realmo compiles Goodwater, AL figures from 13 active sale listings, 93 tracked off-market properties, the current Goodwater zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 13 active for-sale and 0 active for-lease listings in Goodwater, AL. 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: 3,894 zoned acres across 9 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
