Commercial Real Estate Market in Hardy, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
69 active listings and 133 off-market properties in Hardy, AR.
Market Trends
Hardy, AR spans 175.3 square miles in Sharp County, Arkansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Hardy, AR runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail space in Hardy, AR asks $148/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 Hardy, 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 vacancy in Hardy, AR 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 69.8%
- Special 14.3%
- Commercial 13.3%
- Agricultural 2.3%
- Industrial 0.3%
Largest Zones share of zoned land by district
Residential
Flood Plain
General Business
Mobile Home Park
Agriculture
Hardy, AR zones 3,337 acres across 7 districts. Commercial zoning covers 13.3% of zoned land, residential 69.8% and industrial 0.3%. The largest single district is Residential at 67.5%. For commercial buyers the practical constraint is that only 13.7% of land carries a commercial or industrial designation.
Residential (R-1)
R-1 Residential Commercial use zones Commercial use zones are intended for the conduct of business and provision of services and the processing and manufacturing of goods which by the nature of the operation do not constitute a nuisance or a danger to the community.
Market overview
Demographics & Economy
Hardy, AR has 8,487 residents in 5,278 households. Density runs 48 people per square mile. Median household income here is $37,655 and median gross rent $752 a month.
8,487
Population
5,278
Households
1.6
Avg Household Size
52
Median Age
14%
College-Educated
89%
High-School Grad
175.3 sq mi
ZIP Area
48
Density / Sq Mi
$37,655
Median Household Income
$28,588
Median Earnings
$752
Median Rent
$88,461
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cherokee Village | — | — |
| Highland | — | — |
| Ash Flat | — | — |
| Williford | — | — |
Commercial property in Hardy, AR asks $243/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hardy?
Commercial property in Hardy, AR asks an average of $243 per square foot. Retail carries the highest asking price at $148/SF.
What zoning applies to commercial property in Hardy?
Hardy, AR zones 3,337 acres across 7 districts, of which 13.3% is commercial and 0.3% industrial. The largest single district is Residential at 67.5% of zoned land. R-1 Residential Commercial use zones Commercial use zones are intended for the conduct of business and provision of services and the processing and manufacturing of goods which by the nature of the operation do not constitute a nuisance or a danger to the community. Residential zoning covers 69.8% and open space 0%.
Where does Realmo's Hardy market data come from?
Realmo compiles Hardy, AR figures from 2 recent recorded sales, 69 active sale listings, 133 tracked off-market properties, the current Hardy zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 69 active for-sale and 0 active for-lease listings in Hardy, 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.
- Zoning and land use
- The current municipal zoning release: 3,337 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 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
