Commercial Real Estate Market in Black Oak, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Black Oak, AR spans 17.1 square miles in Craighead County, Arkansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Black Oak, AR asks $32/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 space in Black Oak, AR asks $59/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Black Oak, AR 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 Black Oak, AR asks $123/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
Black Oak, AR has 390 residents in 145 households. Density runs 23 people per square mile. Median household income here is $47,083 and median gross rent $529 a month.
390
Population
145
Households
2.7
Avg Household Size
38
Median Age
30%
College-Educated
70%
High-School Grad
17.1 sq mi
ZIP Area
23
Density / Sq Mi
$47,083
Median Household Income
$0
Median Earnings
$529
Median Rent
$94,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Monette | — | — |
| Lake City | — | — |
| Caraway | — | — |
| Leachville | — | — |
Methodology & data sources
- 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
