Commercial Real Estate Market in Guthrie, OK
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
359 active listings and 640 off-market properties in Guthrie, OK. Commercial property asks $15/SF to buy and $12.39/SF/Yr to lease.
Market Trends
Guthrie, OK spans 264.7 square miles in Logan County, Oklahoma. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Guthrie, 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 Guthrie, OK runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Guthrie, 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 Guthrie, 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
- Residential 54.7%
- Agricultural 22.9%
- Commercial 14.4%
- Industrial 8%
Largest Zones share of zoned land by district
Single Family Dwelling
Limited Agriculture District
General Commercial District
General Agriculture District
Restricted Manufacturing And Warehouse
Guthrie, OK zones 10,706 acres across 11 districts. Commercial zoning covers 14.4% of zoned land, residential 54.7% and industrial 8%. The largest single district is Single Family Dwelling at 51.1%. For commercial buyers the practical constraint is that only 22.4% of land carries a commercial or industrial designation.
Single Family Dwelling (R-1)
The principal use of land is for single family dwellings and related recreational, religious and educational facilities normally required to provide an orderly and attractive residential area.
Market overview
Demographics & Economy
Guthrie, OK has 24,603 residents in 10,050 households. Density runs 93 people per square mile. Median household income here is $71,442 and median gross rent $890 a month.
24,603
Population
10,050
Households
2.4
Avg Household Size
39
Median Age
24%
College-Educated
91%
High-School Grad
264.7 sq mi
ZIP Area
93
Density / Sq Mi
$71,442
Median Household Income
$39,284
Median Earnings
$890
Median Rent
$200,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cimarron City | — | — |
| Meridian | — | — |
| Langston | — | — |
| Crescent | — | — |
Commercial property in Guthrie, OK asks $15/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Guthrie?
Commercial property in Guthrie, OK asks an average of $15 per square foot. The 7 most recent recorded sales traded at a median of $85/SF.
How much does it cost to lease commercial space in Guthrie?
Asking lease rates in Guthrie, OK average $12.39 per square foot per year.
What zoning applies to commercial property in Guthrie?
Guthrie, OK zones 10,706 acres across 11 districts, of which 14.4% is commercial and 8% industrial. The largest single district is Single Family Dwelling at 51.1% of zoned land. The principal use of land is for single family dwellings and related recreational, religious and educational facilities normally required to provide an orderly and attractive residential area. Residential zoning covers 54.7% and open space 0%.
Where does Realmo's Guthrie market data come from?
Realmo compiles Guthrie, OK figures from 7 recent recorded sales, 348 active sale listings, 11 active lease listings, 640 tracked off-market properties, the current Guthrie zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 348 active for-sale and 11 active for-lease listings in Guthrie, 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: 10,706 zoned acres across 11 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
