Commercial Real Estate Market in Palmetto, LA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 16 off-market properties in Palmetto, LA.
Market Trends
Palmetto, LA spans 108.2 square miles in St. Landry County, Louisiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Palmetto, LA asks $57/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 Palmetto, LA asks $82/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 Palmetto, 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 Palmetto, LA asks $77/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
Market overview
Demographics & Economy
Palmetto, LA has 967 residents in 559 households. Density runs 9 people per square mile. Median household income here is $43,750 and median gross rent $851 a month.
967
Population
559
Households
1.7
Avg Household Size
43
Median Age
15%
College-Educated
65%
High-School Grad
108.2 sq mi
ZIP Area
9
Density / Sq Mi
$43,750
Median Household Income
$38,988
Median Earnings
$851
Median Rent
$114,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bayou Petite Prairie | — | — |
| Elba | — | — |
| Le Moyen | — | — |
| Port Barre | — | — |
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Palmetto, 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.
- 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
