Commercial Real Estate Market in Tonkawa, OK
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 225 off-market properties in Tonkawa, OK.
Market Trends
Tonkawa, OK spans 112.2 square miles in Kay County, Oklahoma. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Tonkawa, 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 Tonkawa, OK runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Tonkawa, 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 Tonkawa, 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
Tonkawa, OK has 3,677 residents in 1,625 households. Density runs 33 people per square mile. Median household income here is $58,259 and median gross rent $753 a month.
3,677
Population
1,625
Households
2.3
Avg Household Size
34
Median Age
22%
College-Educated
88%
High-School Grad
112.2 sq mi
ZIP Area
33
Density / Sq Mi
$58,259
Median Household Income
$29,596
Median Earnings
$753
Median Rent
$86,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Blackwell | — | — |
| Marland | — | — |
| Ponca City | — | — |
| Billings | — | — |
Commercial property in Tonkawa, OK asks $446/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Tonkawa?
Commercial property in Tonkawa, OK asks an average of $446 per square foot. The 5 most recent recorded sales traded at a median of $26/SF, so asking sits 1587% above the achieved median.
Where does Realmo's Tonkawa market data come from?
Realmo compiles Tonkawa, OK figures from 5 recent recorded sales, 6 active sale listings, 225 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 6 active for-sale and 0 active for-lease listings in Tonkawa, 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
