Commercial Real Estate Market in Ardmore, OK
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
230 active listings and 1,893 off-market properties in Ardmore, OK. Commercial property asks $103/SF to buy and $9.38/SF/Yr to lease.
Market Trends
Ardmore, OK spans 351.5 square miles in Carter County, Oklahoma. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ardmore, OK runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Ardmore, OK runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Ardmore, OK 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 vacancy in Ardmore, OK runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 36.2%
- Industrial 27.6%
- Civic 16.4%
- Residential 13.7%
- Commercial 5.5%
- Planned_development 0.1%
Largest Zones share of zoned land by district
Agriculture
Public Facilities And Institutions
Heavy Industrial
Single Family Detached Attached
Suburban Residential
Agriculture (AG)
Sec. 405 - AG, Agricultural District Intent Statement This district is intended to provide an area primarily for agricultural uses or the extraction of the various products such as oil, minerals, rock and gravel from the earth on parcels 20 acres or more in size. It is the purpose of this district to protect such uses from urban development so long as the la…
Market overview
Demographics & Economy
Ardmore, OK has 36,744 residents in 16,349 households. Density runs 105 people per square mile. Median household income here is $60,288 and median gross rent $960 a month.
36,744
Population
16,349
Households
2.2
Avg Household Size
41
Median Age
23%
College-Educated
88%
High-School Grad
351.5 sq mi
ZIP Area
105
Density / Sq Mi
$60,288
Median Household Income
$39,005
Median Earnings
$960
Median Rent
$174,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lone Grove | — | — |
| Overbrook | — | — |
| Gene Autry | — | — |
| Springer | — | — |
Commercial property in Ardmore, OK asks $103/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ardmore?
Commercial property in Ardmore, OK asks an average of $103 per square foot. The 5 most recent recorded sales traded at a median of $69/SF, so asking sits 49% above the achieved median.
How much does it cost to lease commercial space in Ardmore?
Asking lease rates in Ardmore, OK average $9.38 per square foot per year.
Where does Realmo's Ardmore market data come from?
Realmo compiles Ardmore, OK figures from 6 recent recorded sales, 219 active sale listings, 11 active lease listings, 1,893 tracked off-market properties, the current Ardmore zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 219 active for-sale and 11 active for-lease listings in Ardmore, OK. 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: 32,181 zoned acres across 16 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
