Commercial Real Estate Market in Altoona, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
21 active listings and 39 off-market properties in Altoona, FL.
Market Trends
Altoona, FL spans 59.3 square miles in Lake County, Florida. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Altoona, FL asks $213/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Altoona, FL asks $241/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Altoona, FL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Altoona, FL asks $177/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Market overview
Demographics & Economy
Altoona, FL has 3,186 residents in 1,561 households. Density runs 54 people per square mile. Median household income here is $51,762 and median gross rent $3,501 a month.
3,186
Population
1,561
Households
2
Avg Household Size
55
Median Age
18%
College-Educated
87%
High-School Grad
59.3 sq mi
ZIP Area
54
Density / Sq Mi
$51,762
Median Household Income
$27,392
Median Earnings
$3,501
Median Rent
$92,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Umatilla | — | — |
| Dona Vista | — | — |
| Paisley | — | — |
| Grand Island | — | — |
Frequently Asked Questions
Where does Realmo's Altoona market data come from?
Realmo compiles Altoona, FL figures from 3 recent recorded sales, 21 active sale listings, 39 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 21 active for-sale and 0 active for-lease listings in Altoona, FL. 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 31 August 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 and industrial vacancy is reported at South 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 31 August 2026 · report a data issue
