Commercial Real Estate Market in Morrilton, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
18 active listings and 721 off-market properties in Morrilton, AR.
Market Trends
Morrilton, AR spans 117.3 square miles in Conway County, Arkansas. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Morrilton, AR has a median asking sale price of $271/SF (based on 3 listings). Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Morrilton, AR has a median asking sale price of $63/SF (based on 5 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Morrilton, 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 vacancy in Morrilton, 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 55.1%
- Commercial 28%
- Industrial 16.8%
- Planned_development 0.1%
Largest Zones share of zoned land by district
Morrilton, AR zones 5,579 acres across 15 districts. Commercial zoning covers 28% of zoned land, residential 55.1% and industrial 16.8%. The largest single district is Single Family Residential at 33.2%. For commercial buyers the practical constraint is that only 44.8% of land carries a commercial or industrial designation.
It is intended to provide areas for suburban density residential development, promote the proper transition of land from rural to urban areas, and is designed for uses such as single-family dwelling units and community facilities.
Market overview
Demographics & Economy
Morrilton, AR has 11,507 residents in 5,021 households. Density runs 98 people per square mile. Median household income here is $47,439 and median gross rent $704 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Morrilton?
What zoning applies to commercial property in Morrilton?
Where does Realmo's Morrilton market data come from?
Methodology & data sources
- Asking prices and medians
- There are 15 active for-sale and 3 active for-lease listings in Morrilton, AR. The sale median is based on 12 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: 5,579 zoned acres across 15 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
