Commercial Real Estate Market in Houma, LA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
217 active listings and 3,864 off-market properties in Houma, LA. Commercial property asks $85/SF to buy and $14.32/SF/Yr to lease.
Market Trends
Houma, LA spans 180.7 square miles in Terrebonne County, Louisiana. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Houma, LA asks $10.16/SF/Yr to lease; the median asking sale price is $116/SF. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Typical asking range for active listings in Houma, LA (the middle half): Lease $11.05–$24.00/SF/Yr (median $15.00/SF/Yr, 40 listings); Sale $77.17–$161/SF (median $116/SF, 23 listings).
Retail
Retail space in Houma, LA has a median asking sale price of $69/SF. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Typical asking range for active listings in Houma, LA (the middle half): Lease $12.00–$15.75/SF/Yr (median $12.00/SF/Yr, 22 listings); Sale $53.42–$113/SF (median $69.06/SF, 23 listings).
Industrial
Industrial space in Houma, LA has a median asking sale price of $56/SF. Vacancy runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Typical asking range for active listings in Houma, LA (the middle half): Sale $41.79–$83.85/SF (median $55.94/SF, 22 listings).
Multifamily
Multifamily space in Houma, LA has a median asking sale price of $92/SF. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Typical asking range for active listings in Houma, LA (the middle half): Sale $75.06–$111/SF (median $91.73/SF, 13 listings).
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
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.
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.
Tools
Nearby Markets
Commercial property in Houma, LA asks $85/SF. The 2 bordering markets run from $100/SF in Gray to $101/SF in Thibodaux, and the city sits below their $100/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Houma?
How much does it cost to lease commercial space in Houma?
How does Houma compare to nearby markets on price?
What zoning applies to commercial property in Houma?
Where does Realmo's Houma market data come from?
Methodology & data sources
- Asking prices and medians
- There are 123 active for-sale and 94 active for-lease listings in Houma, LA. The medians are based on 86 of the for-sale and 71 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
