Commercial Real Estate Market in Laceys Spring, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
38 active listings and 116 off-market properties in Laceys Spring, AL.
Market Trends
Laceys Spring, AL spans 43.9 square miles in Morgan County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Laceys Spring, 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 Laceys Spring, AL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Laceys Spring, 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 space in Laceys Spring, AL asks $111/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Market overview
Demographics & Economy
Laceys Spring, AL has 4,950 residents in 2,494 households. Density runs 113 people per square mile. Median household income here is $92,632 and median gross rent $736 a month.
4,950
Population
2,494
Households
2
Avg Household Size
45
Median Age
31%
College-Educated
82%
High-School Grad
43.9 sq mi
ZIP Area
113
Density / Sq Mi
$92,632
Median Household Income
$42,583
Median Earnings
$736
Median Rent
$174,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Valhermoso Sp | — | — |
| Valhermoso Springs | — | — |
| Owens X Rds | — | — |
| Owens Cross Roads | — | — |
Commercial property in Laceys Spring, AL asks $54/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Laceys Spring?
Commercial property in Laceys Spring, AL asks an average of $54 per square foot. Multifamily carries the highest asking price at $111/SF.
Where does Realmo's Laceys Spring market data come from?
Realmo compiles Laceys Spring, AL figures from 2 recent recorded sales, 38 active sale listings, 116 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 38 active for-sale and 0 active for-lease listings in Laceys Spring, 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.
- 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
