Commercial Real Estate Market in Monroe, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
148 active listings and 856 off-market properties in Monroe, GA. Commercial property asks $616/SF to buy and $13.89/SF/Yr to lease.
Market Trends
Monroe, GA spans 154.6 square miles in Walton County, Georgia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Monroe, GA asks $159/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 vacancy in Monroe, GA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Monroe, 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 Monroe, GA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 64.8%
- Commercial 18.2%
- Industrial 15.4%
- Civic 1.2%
- Mixed use 0.5%
Largest Zones share of zoned land by district
Large Lot Residential District
Planned Residential District
Light Industrial And Manufacturing District
Highway Commercial District
Medium Lot Residential District
Monroe, GA zones 9,344 acres across 17 districts. Commercial zoning covers 18.2% of zoned land, residential 64.8% and industrial 15.4%. The largest single district is Large Lot Residential District at 28.4%. For commercial buyers the practical constraint is that only 33.6% of land carries a commercial or industrial designation.
Planned Residential District (PRD)
Sec. 651 Planned Residential District (PRD). Planned Residential Development is intended to allow greater flexibility in the placement, arrangement, and orientation of residential structures, the subdivision of land, and the grouping of open space and accessory facilities, such as garages and parking . It may also provide for a mixture of housing types (sing…
Market overview
Demographics & Economy
Monroe, GA has 45,031 residents in 16,478 households. Density runs 291 people per square mile. Median household income here is $76,114 and median gross rent $1,134 a month.
45,031
Population
16,478
Households
2.7
Avg Household Size
40
Median Age
24%
College-Educated
85%
High-School Grad
154.6 sq mi
ZIP Area
291
Density / Sq Mi
$76,114
Median Household Income
$41,550
Median Earnings
$1,134
Median Rent
$297,231
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Between | — | — |
| Jersey | — | — |
| Good Hope | — | — |
| Walnut Grove | — | — |
Commercial property in Monroe, GA asks $616/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Monroe?
Commercial property in Monroe, GA asks an average of $616 per square foot. The 3 most recent recorded sales traded at a median of $233/SF, so asking sits 164% above the achieved median. Office carries the highest asking price at $159/SF.
How much does it cost to lease commercial space in Monroe?
Asking lease rates in Monroe, GA average $13.89 per square foot per year.
What zoning applies to commercial property in Monroe?
Monroe, GA zones 9,344 acres across 17 districts, of which 18.2% is commercial and 15.4% industrial. The largest single district is Large Lot Residential District at 28.4% of zoned land. Residential zoning covers 64.8% and open space 0%.
Where does Realmo's Monroe market data come from?
Realmo compiles Monroe, GA figures from 4 recent recorded sales, 120 active sale listings, 28 active lease listings, 856 tracked off-market properties, the current Monroe zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 120 active for-sale and 28 active for-lease listings in Monroe, 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.
- Zoning and land use
- The current municipal zoning release: 9,344 zoned acres across 17 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- 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
