Commercial Real Estate Market in Prague, OK
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
19 active listings and 226 off-market properties in Prague, OK.
Market Trends
Prague, OK spans 117.6 square miles in Lincoln County, Oklahoma. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Prague, OK runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail space in Prague, OK asks $91/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 Prague, 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 Prague, 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
Prague, OK has 5,334 residents in 2,023 households. Density runs 45 people per square mile. Median household income here is $64,313 and median gross rent $819 a month.
5,334
Population
2,023
Households
2.6
Avg Household Size
42
Median Age
16%
College-Educated
88%
High-School Grad
117.6 sq mi
ZIP Area
45
Density / Sq Mi
$64,313
Median Household Income
$36,193
Median Earnings
$819
Median Rent
$165,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Paden | — | — |
| Boley | — | — |
| Sparks | — | — |
| Meeker | — | — |
Commercial property in Prague, OK asks $224/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Prague?
Commercial property in Prague, OK asks an average of $224 per square foot. The 6 most recent recorded sales traded at a median of $588/SF. Retail carries the highest asking price at $91/SF.
Where does Realmo's Prague market data come from?
Realmo compiles Prague, OK figures from 7 recent recorded sales, 18 active sale listings, 1 active lease listings, 226 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 1 active for-lease listings in Prague, 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
