Commercial Real Estate Market in Okeene, OK
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 135 off-market properties in Okeene, OK.
Market Trends
Okeene, OK spans 190.0 square miles in Blaine County, Oklahoma. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Okeene, 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 Okeene, OK runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Okeene, 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 Okeene, OK runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Commercial 39.2%
- Residential 25.8%
- Civic 19.5%
- Industrial 14.7%
- Mixed use 0.8%
Largest Zones share of zoned land by district
General Agricultural
Single Family Residential
Institutional And Public Use
General Industrial
General Highway Commercial
Okeene, OK zones 1,495 acres across 8 districts. Commercial zoning covers 39.2% of zoned land, residential 25.8% and industrial 14.7%. The largest single district is General Agricultural at 32.3%. For commercial buyers the practical constraint is that only 53.8% of land carries a commercial or industrial designation.
General Agricultural (A-1)
This district is intended to provide a location for the land situated on the fringe of the urban area that is used for agricultural purposes, but which will be undergoing urbanization in the near future. Many tracts in this district will be in close proximity to residential and commercial uses
Market overview
Demographics & Economy
Okeene, OK has 1,443 residents in 817 households. Density runs 8 people per square mile. Median household income here is $58,873 and median gross rent $861 a month.
1,443
Population
817
Households
1.8
Avg Household Size
41
Median Age
18%
College-Educated
77%
High-School Grad
190 sq mi
ZIP Area
8
Density / Sq Mi
$58,873
Median Household Income
$37,228
Median Earnings
$861
Median Rent
$123,000
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Okeene?
Okeene, OK zones 1,495 acres across 8 districts, of which 39.2% is commercial and 14.7% industrial. The largest single district is General Agricultural at 32.3% of zoned land. This district is intended to provide a location for the land situated on the fringe of the urban area that is used for agricultural purposes, but which will be undergoing urbanization in the near future. Many tracts in this district will be in close proximity to residential and commercial uses Residential zoning covers 25.8% and open space 0%.
Where does Realmo's Okeene market data come from?
Realmo compiles Okeene, OK figures from 7 recent recorded sales, 2 active sale listings, 135 tracked off-market properties, the current Okeene zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Okeene, 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.
- Zoning and land use
- The current municipal zoning release: 1,495 zoned acres across 8 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
