Commercial Real Estate Market in Newalla, OK
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
1,944 active listings and 17,259 off-market properties in Newalla, OK. Commercial property asks $55/SF to buy and $14.44/SF/Yr to lease.
Market Trends
Newalla, OK spans 58.3 square miles in Oklahoma County, Oklahoma. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Newalla, OK asks $16.80/SF/Yr to lease and $118/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Newalla, OK asks $14.55/SF/Yr to lease and $78/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial space in Newalla, OK asks $7.95/SF/Yr to lease. Vacancy runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Average Lease Price $/SF/Yr
Listings
Vacancy Rate % in South region
Multifamily
Multifamily space in Newalla, OK asks $151/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Market overview
Demographics & Economy
Newalla, OK has 9,981 residents in 4,243 households. Density runs 171 people per square mile. Median household income here is $87,582 and median gross rent $1,238 a month.
9,981
Population
4,243
Households
2.4
Avg Household Size
42
Median Age
23%
College-Educated
87%
High-School Grad
58.3 sq mi
ZIP Area
171
Density / Sq Mi
$87,582
Median Household Income
$50,565
Median Earnings
$1,238
Median Rent
$174,600
Median Home Value
Tools
Nearby Markets
Commercial property in Newalla, OK asks $55/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Newalla?
Commercial property in Newalla, OK asks an average of $55 per square foot. The 7 most recent recorded sales traded at a median of $160/SF. Multifamily carries the highest asking price at $151/SF.
How much does it cost to lease commercial space in Newalla?
Asking lease rates in Newalla, OK average $14.44 per square foot per year. Office asks $16.80/SF/Yr as of Q2 26, little changed from $17.07/SF/Yr in Q1 26.
Where does Realmo's Newalla market data come from?
Realmo compiles Newalla, OK figures from 7 recent recorded sales, 1,327 active sale listings, 617 active lease listings, 17,259 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1,327 active for-sale and 617 active for-lease listings in Newalla, 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 30 September 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 30 September 2026 · How Realmo checks market page data · Report a data issue
