Commercial Real Estate Market in Fanning Springs, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
28 active listings and 54 off-market properties in Fanning Springs, FL.
Market Trends
Fanning Springs, FL spans 200.7 square miles in Gilchrist County, Florida. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Fanning Springs, 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 Fanning Springs, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Fanning Springs, 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 Fanning Springs, 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
Fanning Springs, FL has 12,815 residents in 4,908 households. Density runs 64 people per square mile. Median household income here is $64,128 and median gross rent $919 a month.
12,815
Population
4,908
Households
2.6
Avg Household Size
42
Median Age
16%
College-Educated
87%
High-School Grad
200.7 sq mi
ZIP Area
64
Density / Sq Mi
$64,128
Median Household Income
$36,361
Median Earnings
$919
Median Rent
$182,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Fanning Spgs | — | — |
| Trenton | — | — |
| Old Town | — | — |
| Chiefland | — | $11.52 |
Commercial property in Fanning Springs, FL asks $9,874/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Fanning Springs?
Commercial property in Fanning Springs, FL asks an average of $9,874 per square foot. The 4 most recent recorded sales traded at a median of $193/SF, so asking sits 5021% above the achieved median.
Where does Realmo's Fanning Springs market data come from?
Realmo compiles Fanning Springs, FL figures from 4 recent recorded sales, 26 active sale listings, 2 active lease listings, 54 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 26 active for-sale and 2 active for-lease listings in Fanning Springs, 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
