Commercial Real Estate Market in Hardy, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
11 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 October 2026.
Office
Office vacancy in Hardy, AR runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Hardy, AR has a median asking sale price of $130/SF (based on 3 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial space in Hardy, AR has a median asking sale price of $128/SF (based on 3 listings). Vacancy 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 vacancy in Hardy, AR 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
- Residential 69.8%
- Special 14.3%
- Commercial 13.3%
- Agricultural 2.3%
- Industrial 0.3%
Largest Zones share of zoned land by district
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.
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.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Hardy?
What zoning applies to commercial property in Hardy?
Where does Realmo's Hardy market data come from?
Methodology & data sources
- Asking prices and medians
- There are 11 active for-sale and 0 active for-lease listings in Hardy, 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: 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 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 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 October 2026 · How Realmo checks market page data · Report a data issue
