Commercial Real Estate Market in Blackwell, OK
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
9 active listings and 386 off-market properties in Blackwell, OK.
Market Trends
Blackwell, OK spans 103.4 square miles in Kay County, Oklahoma. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Blackwell, 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 Blackwell, OK runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Blackwell, 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 Blackwell, OK runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Blackwell, OK has 6,713 residents in 3,569 households. Density runs 65 people per square mile. Median household income here is $50,969 and median gross rent $868 a month.
6,713
Population
3,569
Households
1.9
Avg Household Size
41
Median Age
12%
College-Educated
89%
High-School Grad
103.4 sq mi
ZIP Area
65
Density / Sq Mi
$50,969
Median Household Income
$36,081
Median Earnings
$868
Median Rent
$77,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Peckham | — | — |
| Tonkawa | — | — |
| Braman | — | — |
| Nardin | — | — |
Commercial property in Blackwell, OK asks $1,179/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Blackwell?
Commercial property in Blackwell, OK asks an average of $1,179 per square foot. The 4 most recent recorded sales traded at a median of $23/SF, so asking sits 4952% above the achieved median.
Where does Realmo's Blackwell market data come from?
Realmo compiles Blackwell, OK figures from 5 recent recorded sales, 8 active sale listings, 1 active lease listings, 386 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 8 active for-sale and 1 active for-lease listings in Blackwell, 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.
- 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
