Commercial Real Estate Market in McAlester, OK

Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31

57 active listings and 1,369 off-market properties in McAlester, OK. Commercial property asks $110/SF to buy and $11.87/SF/Yr to lease (based on 3 listings).

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

Business Placement

Frequently Asked Questions

What is the median price per square foot for commercial property in McAlester?
Commercial property in McAlester, OK asks a median of $110 per square foot. The 8 most recent recorded sales traded at a median of $93/SF, so the asking price sits 18% above the achieved median.
How much does it cost to lease commercial space in McAlester?
The median asking lease rate in McAlester, OK is $11.87 per square foot per year (based on 3 listings).
Where does Realmo's McAlester market data come from?
Realmo compiles McAlester, OK figures from 8 recent recorded sales, 46 active sale listings, 11 active lease listings, 1,369 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 October 2026.
Methodology & data sources
Asking prices and medians
There are 46 active for-sale and 11 active for-lease listings in McAlester, OK. The medians are based on 23 of the for-sale and 3 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
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 October 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 October 2026 · How Realmo checks market page data · Report a data issue