Commercial Real Estate Market in Murrayville, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
52 active listings and 60 off-market properties in Murrayville, GA. Commercial property asks $929/SF to buy and $15.00/SF/Yr to lease.
Market Trends
Murrayville, GA spans 31.9 square miles in Hall County, Georgia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Murrayville, 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 Murrayville, GA asks $261/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 Murrayville, 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 Murrayville, 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
Murrayville, GA has 4,642 residents in 1,934 households. Density runs 146 people per square mile. Median household income here is $74,710 and median gross rent $952 a month.
4,642
Population
1,934
Households
2.4
Avg Household Size
43
Median Age
23%
College-Educated
88%
High-School Grad
31.9 sq mi
ZIP Area
146
Density / Sq Mi
$74,710
Median Household Income
$35,877
Median Earnings
$952
Median Rent
$311,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Clermont | — | — |
| Dahlonega | — | $23.55 |
| Cleveland | — | — |
| Gainesville | — | $32.58 |
Commercial property in Murrayville, GA asks $929/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Murrayville?
Commercial property in Murrayville, GA asks an average of $929 per square foot. Retail carries the highest asking price at $261/SF.
How much does it cost to lease commercial space in Murrayville?
Asking lease rates in Murrayville, GA average $15.00 per square foot per year.
Where does Realmo's Murrayville market data come from?
Realmo compiles Murrayville, GA figures from 2 recent recorded sales, 50 active sale listings, 2 active lease listings, 60 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 50 active for-sale and 2 active for-lease listings in Murrayville, 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
