Commercial Real Estate Market in Hamilton, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
77 active listings and 457 off-market properties in Hamilton, AL.
Market Trends
Hamilton, AL spans 233.6 square miles in Marion County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Hamilton, AL asks $51/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail vacancy in Hamilton, AL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Hamilton, 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 Hamilton, 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 91.6%
- Industrial 4.7%
- Commercial 3.2%
- Open space 0.3%
- Civic 0.2%
Largest Zones share of zoned land by district
Forestry Agricultural And Rural Residential
Single Family Residential
Heavy Manufacturing
General Business
Light Manufacturing
Hamilton, AL zones 24,355 acres across 8 districts. Commercial zoning covers 3.2% of zoned land, residential 91.6%, open space 0.3% and industrial 4.7%. The largest single district is Forestry Agricultural And Rural Residential at 82.9%. For commercial buyers the practical constraint is that only 7.9% of land carries a commercial or industrial designation.
Heavy Manufacturing (M2)
Sec. 44-105. - M-2 Heavy Manufacturing District. This M-2 Heavy Manufacturing District is for heavy industrial activities which may be offensive, or incompatible, if located near commercial or residential uses and for limited business uses which support or are compatible with, these heavy industrial activities. Further development of residences is prohibited…
Market overview
Demographics & Economy
Hamilton, AL has 10,774 residents in 5,020 households. Density runs 46 people per square mile. Median household income here is $57,384 and median gross rent $563 a month.
10,774
Population
5,020
Households
2.1
Avg Household Size
42
Median Age
15%
College-Educated
83%
High-School Grad
233.6 sq mi
ZIP Area
46
Density / Sq Mi
$57,384
Median Household Income
$35,480
Median Earnings
$563
Median Rent
$120,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bexar | — | — |
| Hackleburg | — | — |
| Guin | — | — |
| Detroit | — | — |
Commercial property in Hamilton, AL asks $333/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hamilton?
Commercial property in Hamilton, AL asks an average of $333 per square foot. Office carries the highest asking price at $51/SF.
What zoning applies to commercial property in Hamilton?
Hamilton, AL zones 24,355 acres across 8 districts, of which 3.2% is commercial and 4.7% industrial. The largest single district is Forestry Agricultural And Rural Residential at 82.9% of zoned land. Residential zoning covers 91.6% and open space 0.3%.
Where does Realmo's Hamilton market data come from?
Realmo compiles Hamilton, AL figures from 76 active sale listings, 1 active lease listings, 457 tracked off-market properties, the current Hamilton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 76 active for-sale and 1 active for-lease listings in Hamilton, 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: 24,355 zoned acres across 8 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
