Commercial Real Estate Market in Los Banos, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
66 active listings and 911 off-market properties in Los Banos, CA. Commercial property asks $27/SF to buy and $2.54/SF/Yr to lease.
Market Trends
Los Banos, CA spans 390.7 square miles in Merced County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Los Banos, CA runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Los Banos, CA runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Los Banos, 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 vacancy in Los Banos, CA runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Market overview
Demographics & Economy
Los Banos, CA has 48,510 residents in 14,835 households. Density runs 124 people per square mile. Median household income here is $70,666 and median gross rent $1,505 a month.
48,510
Population
14,835
Households
3.3
Avg Household Size
32
Median Age
13%
College-Educated
71%
High-School Grad
390.7 sq mi
ZIP Area
124
Density / Sq Mi
$70,666
Median Household Income
$38,237
Median Earnings
$1,505
Median Rent
$423,900
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Los Banos?
Commercial property in Los Banos, CA asks an average of $27 per square foot.
How much does it cost to lease commercial space in Los Banos?
Asking lease rates in Los Banos, CA average $2.54 per square foot per year.
Where does Realmo's Los Banos market data come from?
Realmo compiles Los Banos, CA figures from 7 recent recorded sales, 53 active sale listings, 13 active lease listings, 911 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 53 active for-sale and 13 active for-lease listings in Los Banos, 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 · report a data issue
