Commercial Real Estate Market in Crescent City, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
101 active listings and 189 off-market properties in Crescent City, FL.
Market Trends
Crescent City, FL spans 55.0 square miles in Putnam County, Florida. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Crescent City, FL runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Crescent City, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Crescent City, 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 vacancy in Crescent City, FL runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Crescent City, FL has 8,443 residents in 4,831 households. Density runs 153 people per square mile. Median household income here is $41,132 and median gross rent $766 a month.
8,443
Population
4,831
Households
1.7
Avg Household Size
47
Median Age
11%
College-Educated
71%
High-School Grad
55 sq mi
ZIP Area
153
Density / Sq Mi
$41,132
Median Household Income
$27,352
Median Earnings
$766
Median Rent
$164,181
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Seville | $220 (county avg) | — |
| Pierson | $220 (county avg) | — |
Commercial property in Crescent City, FL asks $45/SF. The 2 bordering markets run from $220/SF in Seville to $220/SF in Seville, and the city sits below their $220/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Crescent City?
Commercial property in Crescent City, FL asks an average of $45 per square foot. The 6 most recent recorded sales traded at a median of $264/SF.
How does Crescent City compare to nearby markets on price?
Crescent City, FL asks $45/SF against $220/SF in Seville and $220/SF in Pierson.
Where does Realmo's Crescent City market data come from?
Realmo compiles Crescent City, FL figures from 7 recent recorded sales, 99 active sale listings, 2 active lease listings, 189 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 99 active for-sale and 2 active for-lease listings in Crescent City, 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
