Commercial Real Estate Market in Gravette, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
15 active listings and 331 off-market properties in Gravette, AR.
Market Trends
Gravette, AR spans 98.5 square miles in Benton County, Arkansas. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Gravette, AR runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Gravette, AR has a median asking sale price of $155/SF (based on 4 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Gravette, AR 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 space in Gravette, AR has a median asking sale price of $145/SF (based on 5 listings). Vacancy 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
- Agricultural 79.5%
- Civic 8.7%
- Commercial 7.4%
- Mixed use 2.1%
- Industrial 1.2%
- Residential 1.1%
Largest Zones share of zoned land by district
R-1 Single-Family District. a. This residential district is intended as an area of residences with permitted related uses as churches, schools, recreational facilities, and other public or semi-public uses. These single-family dwellings shall be as described in
Market overview
Demographics & Economy
Gravette, AR has 7,046 residents in 2,682 households. Density runs 72 people per square mile. Median household income here is $73,565 and median gross rent $1,012 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Decatur | $243 | — |
| Centerton | $176 | $18.00 |
| Gentry | $200 | $14.00 |
Commercial property in Gravette, AR asks $145/SF. The 3 bordering markets run from $176/SF in Centerton to $243/SF in Decatur, and the city sits below their $200/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Gravette?
How does Gravette compare to nearby markets on price?
Where does Realmo's Gravette market data come from?
Methodology & data sources
- Asking prices and medians
- There are 13 active for-sale and 2 active for-lease listings in Gravette, AR. The sale median is based on 10 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: 9,816 zoned acres across 11 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, 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 October 2026 · How Realmo checks market page data · Report a data issue
