Commercial Real Estate Market in Goodyear, AZ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
196 active listings and 1,150 off-market properties in Goodyear, AZ. Commercial property asks $15/SF to buy and $21.30/SF/Yr to lease.
Market Trends
Goodyear, AZ spans 94.6 square miles in Maricopa County, Arizona. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Goodyear, AZ runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Goodyear, AZ runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Goodyear, 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 Goodyear, 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 50.7%
- Commercial 46.7%
- Industrial 2.4%
- Civic 0.3%
Largest Zones share of zoned land by district
Planned Area Development
Agricultural
Agricultural Urban
Light Industrial Park
General Industrial Park
Goodyear, AZ zones 123,111 acres across 19 districts. Commercial zoning covers 46.7% of zoned land, residential 50.7% and industrial 2.4%. The largest single district is Planned Area Development at 49.2%. For commercial buyers the practical constraint is that only 49.1% of land carries a commercial or industrial designation.
Planned Area Development (PAD)
The PAD zone is to provide accommodate, encourage and promote developments with innovative design involving residential and nonresidential land uses, which together form an attractive, harmonious unit in the community
Market overview
Demographics & Economy
Goodyear, AZ has 96,470 residents in 39,458 households. Density runs 1,020 people per square mile. Median household income here is $102,671 and median gross rent $1,857 a month.
96,470
Population
39,458
Households
2.4
Avg Household Size
40
Median Age
35%
College-Educated
92%
High-School Grad
94.6 sq mi
ZIP Area
1,020
Density / Sq Mi
$102,671
Median Household Income
$50,262
Median Earnings
$1,857
Median Rent
$445,594
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Goodyear?
Commercial property in Goodyear, AZ asks an average of $15 per square foot. The 3 most recent recorded sales traded at a median of $791/SF.
How much does it cost to lease commercial space in Goodyear?
Asking lease rates in Goodyear, AZ average $21.30 per square foot per year.
What zoning applies to commercial property in Goodyear?
Goodyear, AZ zones 123,111 acres across 19 districts, of which 46.7% is commercial and 2.4% industrial. The largest single district is Planned Area Development at 49.2% of zoned land. The PAD zone is to provide accommodate, encourage and promote developments with innovative design involving residential and nonresidential land uses, which together form an attractive, harmonious unit in the community Residential zoning covers 50.7% and open space 0%.
Where does Realmo's Goodyear market data come from?
Realmo compiles Goodyear, AZ figures from 5 recent recorded sales, 137 active sale listings, 59 active lease listings, 1,150 tracked off-market properties, the current Goodyear zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 137 active for-sale and 59 active for-lease listings in Goodyear, 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: 123,111 zoned acres across 19 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 and industrial vacancy is reported at West 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 30 September 2026 · report a data issue
