Commercial Real Estate Market in Laurel Hill, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
59 active listings and 85 off-market properties in Laurel Hill, FL. Commercial property asks $5/SF to buy and $4.80/SF/Yr to lease.
Market Trends
Laurel Hill, FL spans 145.3 square miles in Okaloosa County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Laurel Hill, 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 Laurel Hill, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Laurel Hill, 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 Laurel Hill, 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
Laurel Hill, FL has 4,210 residents in 2,112 households. Density runs 29 people per square mile. Median household income here is $66,215.
4,210
Population
2,112
Households
2
Avg Household Size
44
Median Age
16%
College-Educated
89%
High-School Grad
145.3 sq mi
ZIP Area
29
Density / Sq Mi
$66,215
Median Household Income
$39,404
Median Earnings
$0
Median Rent
$231,000
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Laurel Hill?
Commercial property in Laurel Hill, FL asks an average of $5 per square foot. The 4 most recent recorded sales traded at a median of $210/SF.
How much does it cost to lease commercial space in Laurel Hill?
Asking lease rates in Laurel Hill, FL average $4.80 per square foot per year.
Where does Realmo's Laurel Hill market data come from?
Realmo compiles Laurel Hill, FL figures from 5 recent recorded sales, 58 active sale listings, 1 active lease listings, 85 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 58 active for-sale and 1 active for-lease listings in Laurel Hill, 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 30 September 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 30 September 2026 · How Realmo checks market page data · Report a data issue
