Commercial Real Estate Market in Green Forest, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
41 active listings and 210 off-market properties in Green Forest, AR.
Market Trends
Green Forest, AR spans 180.3 square miles in Carroll County, Arkansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Green Forest, AR asks $91/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 Green Forest, AR asks $152/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 Green Forest, 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 Green Forest, AR asks $215/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
Green Forest, AR has 7,273 residents in 2,803 households. Density runs 40 people per square mile. Median household income here is $65,921 and median gross rent $798 a month.
7,273
Population
2,803
Households
2.6
Avg Household Size
37
Median Age
17%
College-Educated
74%
High-School Grad
180.3 sq mi
ZIP Area
40
Density / Sq Mi
$65,921
Median Household Income
$35,529
Median Earnings
$798
Median Rent
$159,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Rule | — | — |
| Berryville | — | — |
| Urbanette | — | — |
| Carrollton | — | — |
Commercial property in Green Forest, AR asks $184/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Green Forest?
Commercial property in Green Forest, AR asks an average of $184 per square foot. The 4 most recent recorded sales traded at a median of $95/SF, so asking sits 94% above the achieved median. Multifamily carries the highest asking price at $215/SF.
Where does Realmo's Green Forest market data come from?
Realmo compiles Green Forest, AR figures from 5 recent recorded sales, 41 active sale listings, 210 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 41 active for-sale and 0 active for-lease listings in Green Forest, AR. 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
