Commercial Real Estate Market in Killen, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
65 active listings and 144 off-market properties in Killen, AL. Commercial property asks $448/SF to buy and $5.00/SF/Yr to lease.
Market Trends
Killen, AL spans 76.3 square miles in Lauderdale County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Killen, 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 Killen, AL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Killen, 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 Killen, 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 47.3%
- Agricultural 30.6%
- Commercial 22.2%
Largest Zones share of zoned land by district
Single Family Residential District
Agricultural District
Highway Commercial District
Downtown Business District
Multifamily Residential District
Market overview
Demographics & Economy
Killen, AL has 13,414 residents in 5,800 households. Density runs 176 people per square mile. Median household income here is $80,078 and median gross rent $1,006 a month.
13,414
Population
5,800
Households
2.3
Avg Household Size
44
Median Age
30%
College-Educated
93%
High-School Grad
76.3 sq mi
ZIP Area
176
Density / Sq Mi
$80,078
Median Household Income
$51,296
Median Earnings
$1,006
Median Rent
$212,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Saint Florian | — | — |
| Florence | — | $14.99 |
| Muscle Shoals | — | — |
| Leighton | — | — |
Commercial property in Killen, AL asks $448/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Killen?
Commercial property in Killen, AL asks an average of $448 per square foot. The 5 most recent recorded sales traded at a median of $192/SF, so asking sits 133% above the achieved median.
How much does it cost to lease commercial space in Killen?
Asking lease rates in Killen, AL average $5.00 per square foot per year.
Where does Realmo's Killen market data come from?
Realmo compiles Killen, AL figures from 7 recent recorded sales, 63 active sale listings, 2 active lease listings, 144 tracked off-market properties, the current Killen zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 63 active for-sale and 2 active for-lease listings in Killen, 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: 1,205 zoned acres across 7 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
