Commercial Real Estate Market in Monticello, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
45 active listings and 259 off-market properties in Monticello, GA.
Market Trends
Monticello, GA spans 245.7 square miles in Jasper County, Georgia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Monticello, GA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Monticello, GA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Monticello, 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 Monticello, 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 57.2%
- Commercial 7.1%
- Civic 5.3%
- Industrial 4.6%
Largest Zones share of zoned land by district
Medium Density Single Family Residential
Unknown
Large Lot Residential
Manufacturing
Community Commercial
Medium Density Single Family Residential (R20)
The intent of this district is to provide for areas of medium density, detached, single family residential uses, to recognize and protect the moderate lot size, street grid based and pedestrian character of the city older neighborhoods and subdivisions, to reinforce and encourage the traditional residential development pattern characteristic of the historic…
Market overview
Demographics & Economy
Monticello, GA has 9,880 residents in 4,264 households. Density runs 40 people per square mile. Median household income here is $56,961 and median gross rent $1,020 a month.
9,880
Population
4,264
Households
2.3
Avg Household Size
41
Median Age
23%
College-Educated
91%
High-School Grad
245.7 sq mi
ZIP Area
40
Density / Sq Mi
$56,961
Median Household Income
$37,557
Median Earnings
$1,020
Median Rent
$223,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Shady Dale | — | — |
| Hillsboro | — | — |
| Kelly | — | — |
| Farrar | — | — |
Commercial property in Monticello, GA asks $61/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Monticello?
Commercial property in Monticello, GA asks an average of $61 per square foot.
Where does Realmo's Monticello market data come from?
Realmo compiles Monticello, GA figures from 8 recent recorded sales, 45 active sale listings, 259 tracked off-market properties, the current Monticello zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 45 active for-sale and 0 active for-lease listings in Monticello, 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: 2,817 zoned acres across 11 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 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
