Commercial Real Estate Market in Elk Grove, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
119 active listings and 1,461 off-market properties in Elk Grove, CA. Commercial property asks $16/SF to buy and $24.00/SF/Yr to lease.
Market Trends
Elk Grove, CA spans 123.7 square miles in Sacramento County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Elk Grove, CA runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Elk Grove, CA runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Elk Grove, CA 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 space in Elk Grove, CA asks $285/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Market overview
Demographics & Economy
Elk Grove, CA has 186,349 residents in 59,348 households. Density runs 1,507 people per square mile. Median household income here is $122,759 and median gross rent $2,187 a month.
186,349
Population
59,348
Households
3.1
Avg Household Size
38
Median Age
37%
College-Educated
90%
High-School Grad
123.7 sq mi
ZIP Area
1,507
Density / Sq Mi
$122,759
Median Household Income
$56,178
Median Earnings
$2,187
Median Rent
$601,321
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Elk Grove?
Commercial property in Elk Grove, CA asks an average of $16 per square foot. The 6 most recent recorded sales traded at a median of $296/SF. Multifamily carries the highest asking price at $285/SF.
How much does it cost to lease commercial space in Elk Grove?
Asking lease rates in Elk Grove, CA average $24.00 per square foot per year.
Where does Realmo's Elk Grove market data come from?
Realmo compiles Elk Grove, CA figures from 6 recent recorded sales, 48 active sale listings, 71 active lease listings, 1,461 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 48 active for-sale and 71 active for-lease listings in Elk Grove, CA. 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.
- 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 · How Realmo checks market page data · Report a data issue
