Commercial Real Estate Market in McAlester, OK
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
158 active listings and 1,369 off-market properties in McAlester, OK. Commercial property asks $159/SF to buy and $12.86/SF/Yr to lease.
Market Trends
McAlester, OK spans 550.7 square miles in Pittsburg County, Oklahoma. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in McAlester, OK asks $123/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in McAlester, OK asks $128/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in McAlester, 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 McAlester, 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
McAlester, OK has 28,566 residents in 13,223 households. Density runs 52 people per square mile. Median household income here is $55,430 and median gross rent $907 a month.
28,566
Population
13,223
Households
2.2
Avg Household Size
40
Median Age
21%
College-Educated
87%
High-School Grad
550.7 sq mi
ZIP Area
52
Density / Sq Mi
$55,430
Median Household Income
$38,814
Median Earnings
$907
Median Rent
$156,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Krebs | — | — |
| Alderson | — | — |
| Richville | — | — |
| Bache | — | — |
Commercial property in McAlester, OK asks $159/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in McAlester?
Commercial property in McAlester, OK asks an average of $159 per square foot. The 8 most recent recorded sales traded at a median of $93/SF, so asking sits 71% above the achieved median. Retail carries the highest asking price at $128/SF.
How much does it cost to lease commercial space in McAlester?
Asking lease rates in McAlester, OK average $12.86 per square foot per year.
Where does Realmo's McAlester market data come from?
Realmo compiles McAlester, OK figures from 8 recent recorded sales, 151 active sale listings, 7 active lease listings, 1,369 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 151 active for-sale and 7 active for-lease listings in McAlester, 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 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
