Commercial Real Estate Market in Gay, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
10 active listings and 45 off-market properties in Gay, GA.
Market Trends
Gay, GA spans 65.8 square miles in Meriwether County, Georgia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Gay, GA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail space in Gay, GA asks $72/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 Gay, GA 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 Gay, GA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Gay, GA has 1,892 residents in 699 households. Density runs 29 people per square mile. Median household income here is $62,384 and median gross rent $1,397 a month.
1,892
Population
699
Households
2.7
Avg Household Size
48
Median Age
17%
College-Educated
82%
High-School Grad
65.8 sq mi
ZIP Area
29
Density / Sq Mi
$62,384
Median Household Income
$30,962
Median Earnings
$1,397
Median Rent
$187,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Molena | — | — |
| Woodbury | — | — |
| Concord | — | — |
| Greenville | — | — |
Commercial property in Gay, GA asks $1,345/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Gay?
Commercial property in Gay, GA asks an average of $1,345 per square foot. Retail carries the highest asking price at $72/SF.
Where does Realmo's Gay market data come from?
Realmo compiles Gay, GA figures from 3 recent recorded sales, 10 active sale listings, 45 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 10 active for-sale and 0 active for-lease listings in Gay, GA. 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
