Commercial Real Estate Market in Nowata, OK
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
18 active listings and 342 off-market properties in Nowata, OK.
Market Trends
Nowata, OK spans 211.8 square miles in Nowata County, Oklahoma. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Nowata, 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 Nowata, OK runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Nowata, 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 Nowata, 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
Nowata, OK has 5,537 residents in 2,589 households. Density runs 26 people per square mile. Median household income here is $51,346 and median gross rent $753 a month.
5,537
Population
2,589
Households
2.1
Avg Household Size
43
Median Age
17%
College-Educated
91%
High-School Grad
211.8 sq mi
ZIP Area
26
Density / Sq Mi
$51,346
Median Household Income
$32,589
Median Earnings
$753
Median Rent
$119,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Coodys Bluff | — | — |
| Delaware | — | — |
| Lenapah | — | — |
| Winganon | — | — |
Commercial property in Nowata, OK asks $121/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Nowata?
Commercial property in Nowata, OK asks an average of $121 per square foot. The 6 most recent recorded sales traded at a median of $82/SF, so asking sits 47% above the achieved median.
Where does Realmo's Nowata market data come from?
Realmo compiles Nowata, OK figures from 8 recent recorded sales, 18 active sale listings, 342 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 18 active for-sale and 0 active for-lease listings in Nowata, 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
