Commercial Real Estate Market in Newkirk, OK
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
3 active listings and 145 off-market properties in Newkirk, OK.
Market Trends
Newkirk, OK spans 278.8 square miles in Kay County, Oklahoma. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Newkirk, 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 Newkirk, OK runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Newkirk, 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 Newkirk, 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
Newkirk, OK has 3,563 residents in 1,523 households. Density runs 13 people per square mile. Median household income here is $59,000 and median gross rent $675 a month.
3,563
Population
1,523
Households
2.3
Avg Household Size
41
Median Age
14%
College-Educated
90%
High-School Grad
278.8 sq mi
ZIP Area
13
Density / Sq Mi
$59,000
Median Household Income
$35,634
Median Earnings
$675
Median Rent
$109,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Kildare | — | — |
| Peckham | — | — |
| Ponca City | — | — |
| Arkansas City | — | — |
Commercial property in Newkirk, OK asks $5,156/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Newkirk?
Commercial property in Newkirk, OK asks an average of $5,156 per square foot. The 4 most recent recorded sales traded at a median of $11/SF, so asking sits 47853% above the achieved median.
Where does Realmo's Newkirk market data come from?
Realmo compiles Newkirk, OK figures from 5 recent recorded sales, 3 active sale listings, 145 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 3 active for-sale and 0 active for-lease listings in Newkirk, 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
