Commercial Real Estate Market in Perkins, OK
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 141 off-market properties in Perkins, OK.
Market Trends
Perkins, OK spans 112.2 square miles in Payne County, Oklahoma. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Perkins, 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 Perkins, OK runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Perkins, 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 Perkins, 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
- Residential 64.1%
- Commercial 10.5%
- Industrial 9.3%
Largest Zones share of zoned land by district
Residential
No Zoning
Commercial
Industrial
Perkins, OK zones 1,675 acres across 4 districts. Commercial zoning covers 10.5% of zoned land, residential 64.1% and industrial 9.3%. The largest single district is Residential at 64.1%. For commercial buyers the practical constraint is that only 19.7% of land carries a commercial or industrial designation.
Residential (R)
This residential district is intended to provide for both low and high population densities. It is established as a district in which the principal uses of the land are for single-family and multi-family dwellings.
Market overview
Demographics & Economy
Perkins, OK has 5,724 residents in 2,642 households. Density runs 51 people per square mile. Median household income here is $53,860 and median gross rent $888 a month.
5,724
Population
2,642
Households
2.2
Avg Household Size
37
Median Age
28%
College-Educated
90%
High-School Grad
112.2 sq mi
ZIP Area
51
Density / Sq Mi
$53,860
Median Household Income
$40,170
Median Earnings
$888
Median Rent
$195,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ripley | — | — |
| Tryon | — | — |
| Stillwater | — | — |
| Agra | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Perkins?
Perkins, OK zones 1,675 acres across 4 districts, of which 10.5% is commercial and 9.3% industrial. The largest single district is Residential at 64.1% of zoned land. This residential district is intended to provide for both low and high population densities. It is established as a district in which the principal uses of the land are for single-family and multi-family dwellings. Residential zoning covers 64.1% and open space 0%.
Where does Realmo's Perkins market data come from?
Realmo compiles Perkins, OK figures from 2 recent recorded sales, 1 active sale listings, 141 tracked off-market properties, the current Perkins zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Perkins, 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: 1,675 zoned acres across 4 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
