Commercial Real Estate Market in Thibodaux, LA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
170 active listings and 869 off-market properties in Thibodaux, LA. Commercial property asks $155/SF to buy and $40.84/SF/Yr to lease.
Market Trends
Thibodaux, LA spans 284.0 square miles in Lafourche County, Louisiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Thibodaux, LA asks $95/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 Thibodaux, LA asks $71/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 Thibodaux, 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 Thibodaux, LA asks $102/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 56.9%
- Commercial 34%
- Industrial 4.9%
- Open space 4.1%
Largest Zones share of zoned land by district
Residential Estate
Single And Two Family Residential
Heavy Commercial
General Commercial
Campus District
Thibodaux, LA zones 4,805 acres across 13 districts. Commercial zoning covers 34% of zoned land, residential 56.9%, open space 4.1% and industrial 4.9%. The largest single district is Residential Estate at 27.6%. For commercial buyers the practical constraint is that only 39% of land carries a commercial or industrial designation.
Residential Estate (R-1)
The purpose and intent of the R-1 residential estate district is to maintain the character of very low density single family neighborhoods in the City, which are zoned residential but in which the majority of the home sites are historically larger than R-2 performance standards require.
Market overview
Demographics & Economy
Thibodaux, LA has 47,044 residents in 20,994 households. Density runs 166 people per square mile. Median household income here is $62,470 and median gross rent $1,008 a month.
47,044
Population
20,994
Households
2.2
Avg Household Size
37
Median Age
29%
College-Educated
88%
High-School Grad
284 sq mi
ZIP Area
166
Density / Sq Mi
$62,470
Median Household Income
$41,985
Median Earnings
$1,008
Median Rent
$217,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Schriever | — | — |
| Gray | — | $13.18 |
| Labadieville | — | — |
| Donner | — | — |
Commercial property in Thibodaux, LA asks $155/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Thibodaux?
Commercial property in Thibodaux, LA asks an average of $155 per square foot. The 8 most recent recorded sales traded at a median of $93/SF, so asking sits 67% above the achieved median. Multifamily carries the highest asking price at $102/SF.
How much does it cost to lease commercial space in Thibodaux?
Asking lease rates in Thibodaux, LA average $40.84 per square foot per year.
What zoning applies to commercial property in Thibodaux?
Thibodaux, LA zones 4,805 acres across 13 districts, of which 34% is commercial and 4.9% industrial. The largest single district is Residential Estate at 27.6% of zoned land. The purpose and intent of the R-1 residential estate district is to maintain the character of very low density single family neighborhoods in the City, which are zoned residential but in which the majority of the home sites are historically larger than R-2 performance standards require. Residential zoning covers 56.9% and open space 4.1%.
Where does Realmo's Thibodaux market data come from?
Realmo compiles Thibodaux, LA figures from 8 recent recorded sales, 145 active sale listings, 25 active lease listings, 869 tracked off-market properties, the current Thibodaux zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 145 active for-sale and 25 active for-lease listings in Thibodaux, 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: 4,805 zoned acres across 13 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
