Commercial Real Estate Market in Duncan, AZ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
5 active listings and 99 off-market properties in Duncan, AZ.
Market Trends
Duncan, AZ spans 403.7 square miles in Greenlee County, Arizona. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Duncan, AZ runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Duncan, AZ runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Duncan, AZ runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Duncan, AZ runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 83%
- Commercial 3.3%
Largest Zones share of zoned land by district
Residential
Public
Commercial
Duncan, AZ zones 1,755 acres across 3 districts. Commercial zoning covers 3.3% of zoned land, residential 83%. The largest single district is Residential at 83%. For commercial buyers the practical constraint is that only 3.3% of land carries a commercial or industrial designation.
Residential (R1)
This zone has been established to facilitate a quiet, attractive and efficient residential area, with a rural, small town atmosphere, free of excessive traffic, unsightly appearances, and sanitation problems
Market overview
Demographics & Economy
Duncan, AZ has 2,522 residents in 1,349 households. Density runs 6 people per square mile. Median household income here is $63,929 and median gross rent $576 a month.
2,522
Population
1,349
Households
1.9
Avg Household Size
43
Median Age
17%
College-Educated
85%
High-School Grad
403.7 sq mi
ZIP Area
6
Density / Sq Mi
$63,929
Median Household Income
$51,056
Median Earnings
$576
Median Rent
$158,300
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Duncan?
Commercial property in Duncan, AZ asks an average of $320 per square foot. The 3 most recent recorded sales traded at a median of $31/SF, so asking sits 946% above the achieved median.
What zoning applies to commercial property in Duncan?
Duncan, AZ zones 1,755 acres across 3 districts, of which 3.3% is commercial and 0% industrial. The largest single district is Residential at 83% of zoned land. This zone has been established to facilitate a quiet, attractive and efficient residential area, with a rural, small town atmosphere, free of excessive traffic, unsightly appearances, and sanitation problems Residential zoning covers 83% and open space 0%.
Where does Realmo's Duncan market data come from?
Realmo compiles Duncan, AZ figures from 3 recent recorded sales, 5 active sale listings, 99 tracked off-market properties, the current Duncan zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 0 active for-lease listings in Duncan, AZ. 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: 1,755 zoned acres across 3 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 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level, industrial vacancy is reported at West 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 30 September 2026 · How Realmo checks market page data · Report a data issue
