Commercial Real Estate Market in Smithville, OK
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
37 active listings and 15 off-market properties in Smithville, OK.
Market Trends
Smithville, OK spans 231.6 square miles in McCurtain County, Oklahoma. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Smithville, 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 Smithville, OK asks $67/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 Smithville, 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 Smithville, 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
Smithville, OK has 1,049 residents in 574 households. Density runs 5 people per square mile. Median household income here is $40,917 and median gross rent $607 a month.
1,049
Population
574
Households
1.8
Avg Household Size
45
Median Age
18%
College-Educated
88%
High-School Grad
231.6 sq mi
ZIP Area
5
Density / Sq Mi
$40,917
Median Household Income
$33,778
Median Earnings
$607
Median Rent
$113,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Octavia | — | — |
| Watson | — | — |
| Hatfield | — | — |
| Bethel | — | — |
Commercial property in Smithville, OK asks $19,559/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Smithville?
Commercial property in Smithville, OK asks an average of $19,559 per square foot. Retail carries the highest asking price at $67/SF.
Methodology & data sources
- Asking prices and averages
- Computed from 37 active for-sale and 0 active for-lease listings in Smithville, 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
