Commercial Real Estate Market in Hamilton, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
11 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 October 2026.
Office
Office vacancy in Hamilton, AL runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Hamilton, AL runs 5.4% across the South region in 2025, down from 7% in 2020.
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%.
Multifamily
Multifamily vacancy in Hamilton, AL runs 11.3% across the South region in 2025, up from 8.5% in 2022.
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
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.
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.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Hamilton?
What zoning applies to commercial property in Hamilton?
Where does Realmo's Hamilton market data come from?
Methodology & data sources
- Asking prices and medians
- There are 10 active for-sale and 1 active for-lease listings in Hamilton, AL. The sale median is based on 6 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
