Commercial Real Estate Market in Cushing, OK
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
36 active listings and 492 off-market properties in Cushing, OK.
Market Trends
Cushing, OK spans 173.1 square miles in Payne County, Oklahoma. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cushing, 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 Cushing, OK runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Cushing, 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 Cushing, 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 47.4%
- Industrial 43.6%
- Commercial 7.8%
- Residential 1.3%
Largest Zones share of zoned land by district
Rural Agriculture
Two Family Residential
Heavy Industry
Light Industry
General Commercial
Rural Agriculture (A1)
The A-1 district is intended to provide an area primarily for agricultural uses or extraction of the various products such as oil, minerals, rock and gravel from the earth and/or to prevent such land from being prematurely developed for urban purposes.
Market overview
Demographics & Economy
Cushing, OK has 12,117 residents in 5,474 households. Density runs 70 people per square mile. Median household income here is $48,859 and median gross rent $759 a month.
12,117
Population
5,474
Households
2.2
Avg Household Size
38
Median Age
16%
College-Educated
88%
High-School Grad
173.1 sq mi
ZIP Area
70
Density / Sq Mi
$48,859
Median Household Income
$34,202
Median Earnings
$759
Median Rent
$134,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ripley | — | — |
| Agra | — | — |
| Drumright | — | — |
| Yale | — | — |
Commercial property in Cushing, OK asks $39/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cushing?
Commercial property in Cushing, OK asks an average of $39 per square foot. The 6 most recent recorded sales traded at a median of $158/SF.
Where does Realmo's Cushing market data come from?
Realmo compiles Cushing, OK figures from 8 recent recorded sales, 35 active sale listings, 1 active lease listings, 492 tracked off-market properties, the current Cushing zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 35 active for-sale and 1 active for-lease listings in Cushing, 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: 4,881 zoned acres across 12 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
