Commercial Real Estate Market in Houma, LA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
647 active listings and 3,864 off-market properties in Houma, LA. Commercial property asks $18/SF to buy and $14.25/SF/Yr to lease.
Market Trends
Houma, LA spans 180.7 square miles in Terrebonne County, Louisiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Houma, LA asks $112/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 space in Houma, LA asks $52/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 Houma, LA 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 space in Houma, LA asks $106/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 42.8%
- Industrial 35.4%
- Commercial 20.9%
- Civic 0.8%
Largest Zones share of zoned land by district
Single Family Residential District
Open Land District
Light Industrial District
General Commercial District
Neighborhood Commercial District
Houma, LA zones 15,720 acres across 15 districts. Commercial zoning covers 20.9% of zoned land, residential 42.8% and industrial 35.4%. The largest single district is Single Family Residential District at 41.9%. For commercial buyers the practical constraint is that only 56.4% of land carries a commercial or industrial designation.
Single Family Residential District (R1)
These districts are composed mainly of areas containing one family dwellings and open areas where similar residential development seems likely to occur; few two family and multiple family dwellings are found in these areas
Market overview
Demographics & Economy
Houma, LA has 82,892 residents in 35,155 households. Density runs 459 people per square mile. Median household income here is $66,101 and median gross rent $1,047 a month.
82,892
Population
35,155
Households
2.4
Avg Household Size
38
Median Age
19%
College-Educated
85%
High-School Grad
180.7 sq mi
ZIP Area
459
Density / Sq Mi
$66,101
Median Household Income
$38,212
Median Earnings
$1,047
Median Rent
$214,081
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bourg | — | — |
| Gray | — | $13.18 |
| Theriot | — | — |
| Schriever | — | — |
Commercial property in Houma, LA asks $18/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Houma?
Commercial property in Houma, LA asks an average of $18 per square foot. Office carries the highest asking price at $112/SF.
How much does it cost to lease commercial space in Houma?
Asking lease rates in Houma, LA average $14.25 per square foot per year.
What zoning applies to commercial property in Houma?
Houma, LA zones 15,720 acres across 15 districts, of which 20.9% is commercial and 35.4% industrial. The largest single district is Single Family Residential District at 41.9% of zoned land. These districts are composed mainly of areas containing one family dwellings and open areas where similar residential development seems likely to occur; few two family and multiple family dwellings are found in these areas Residential zoning covers 42.8% and open space 0%.
Where does Realmo's Houma market data come from?
Realmo compiles Houma, LA figures from 5 recent recorded sales, 558 active sale listings, 89 active lease listings, 3,864 tracked off-market properties, the current Houma zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 558 active for-sale and 89 active for-lease listings in Houma, LA. 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: 15,720 zoned acres across 15 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
