Commercial Real Estate Market in Noble, OK
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
59 active listings and 301 off-market properties in Noble, OK.
Market Trends
Noble, OK spans 64.5 square miles in Cleveland County, Oklahoma. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Noble, OK asks $164/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 Noble, OK asks $188/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 Noble, 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 space in Noble, OK asks $134/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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 71.3%
- Residential 20.4%
- Planned_development 4.1%
- Commercial 3.1%
- Industrial 1.1%
Largest Zones share of zoned land by district
Agricultural
Single Family Detached Residential
Residential Estates
Planned Unit Development
Community Commercial
Single Family Detached Residential (R-1-D)
Agreement Ordinance #624 - Rezoning a tract in Northwoods Phase II from C-1 to C-3 Ordinance #625 - Zoning Code Amendment - Lot Frontages on Section Line Roads Ordinance #626 -Rezoning Old Town Lots 7-12, Block 47 from R-1-D to R-2 Ordinance #627 - Zoning Amendment -Permitted Accessory Building Lot Coverages Ordinance #628 - Zoning Amendment - Reformatting S…
Market overview
Demographics & Economy
Noble, OK has 12,368 residents in 5,115 households. Density runs 192 people per square mile. Median household income here is $78,727 and median gross rent $958 a month.
12,368
Population
5,115
Households
2.4
Avg Household Size
38
Median Age
22%
College-Educated
88%
High-School Grad
64.5 sq mi
ZIP Area
192
Density / Sq Mi
$78,727
Median Household Income
$43,050
Median Earnings
$958
Median Rent
$188,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Slaughterville | $145 (county avg) | — |
| Etowah | $145 (county avg) | — |
| Norman | $145 (county avg) | $17.22 |
| Lexington | $145 (county avg) | — |
Commercial property in Noble, OK asks $145/SF. The 4 bordering markets run from $145/SF in Slaughterville to $145/SF in Slaughterville, and the city sits in line with their $145/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Noble?
Commercial property in Noble, OK asks an average of $145 per square foot. The 4 most recent recorded sales traded at a median of $117/SF, so asking sits 24% above the achieved median. Retail carries the highest asking price at $188/SF.
How does Noble compare to nearby markets on price?
Noble, OK asks $145/SF against $145/SF in Slaughterville, $145/SF in Etowah, $145/SF in Norman and $145/SF in Lexington.
Where does Realmo's Noble market data come from?
Realmo compiles Noble, OK figures from 5 recent recorded sales, 57 active sale listings, 2 active lease listings, 301 tracked off-market properties, the current Noble zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 57 active for-sale and 2 active for-lease listings in Noble, 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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: 7,880 zoned acres across 16 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
