Commercial Real Estate Market in Fayette, MO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
22 active listings and 145 off-market properties in Fayette, MO. Commercial property asks $4/SF to buy and $4.26/SF/Yr to lease.
Market Trends
Fayette, MO spans 172.6 square miles in Howard County, Missouri. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Fayette, MO runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Fayette, MO runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Fayette, MO runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Fayette, MO runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 63.9%
- Commercial 10.6%
- Civic 10.4%
- Industrial 8.6%
Largest Zones share of zoned land by district
Single Family Residential
Conservation
College
Industrial
Residential Duplex Use
Fayette, MO zones 1,324 acres across 15 districts. Commercial zoning covers 10.6% of zoned land, residential 63.9% and industrial 8.6%. The largest single district is Single Family Residential at 42.8%. For commercial buyers the practical constraint is that only 19.2% of land carries a commercial or industrial designation.
Single Family Residential (RS1)
The purpose of RS-1 zone is to provide single family dwelling, public park or playground, church, golf courses, modular or manufactured homes on a permanent foundation
Market overview
Demographics & Economy
Fayette, MO has 4,781 residents in 1,815 households. Density runs 28 people per square mile. Median household income here is $53,797 and median gross rent $838 a month.
4,781
Population
1,815
Households
2.6
Avg Household Size
33
Median Age
31%
College-Educated
90%
High-School Grad
172.6 sq mi
ZIP Area
28
Density / Sq Mi
$53,797
Median Household Income
$30,000
Median Earnings
$838
Median Rent
$141,600
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Fayette?
Commercial property in Fayette, MO asks an average of $4 per square foot.
How much does it cost to lease commercial space in Fayette?
Asking lease rates in Fayette, MO average $4.26 per square foot per year.
What zoning applies to commercial property in Fayette?
Fayette, MO zones 1,324 acres across 15 districts, of which 10.6% is commercial and 8.6% industrial. The largest single district is Single Family Residential at 42.8% of zoned land. The purpose of RS-1 zone is to provide single family dwelling, public park or playground, church, golf courses, modular or manufactured homes on a permanent foundation Residential zoning covers 63.9% and open space 0%.
Where does Realmo's Fayette market data come from?
Realmo compiles Fayette, MO figures from 21 active sale listings, 1 active lease listings, 145 tracked off-market properties, the current Fayette zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 October 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 21 active for-sale and 1 active for-lease listings in Fayette, MO. 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: 1,324 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 Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest 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
