Commercial Real Estate Market in Tulsa, OK
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
503 active listings and 13,771 off-market properties in Tulsa, OK. Commercial property asks $135/SF to buy and $14.50/SF/Yr to lease. Office vacancy runs 10.6%, the loosest of the segments tracked here.
Market Trends
Tulsa, OK spans 259.0 square miles in Tulsa County, Oklahoma. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Tulsa, OK asks $18.22/SF/Yr to lease; the median asking sale price is $157/SF. Vacancy runs 10.6% in 2025, little changed from 10.4% in 2019. Down from a 2021 peak of 12.1%.
Retail
Retail space in Tulsa, OK has a median asking sale price of $143/SF. Vacancy runs 5.4% in 2025, down from 7.2% in 2019. Down from a 2020 peak of 7.6%.
Industrial
Industrial space in Tulsa, OK has a median asking sale price of $107/SF. Vacancy runs 2.3% in 2025, little changed from 2.6% in 2019. Down from a 2022 peak of 3.9%.
Multifamily
Multifamily space in Tulsa, OK has a median asking sale price of $127/SF. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 73.2%
- Industrial 15.3%
- Commercial 9.1%
- Planned_development 0.4%
- Mixed use 0.2%
Largest Zones share of zoned land by district
Tulsa, OK zones 128,883 acres across 56 districts. Commercial zoning covers 9.1% of zoned land, residential 73.2% and industrial 15.3%. The largest single district is Residential Single Family 3 at 31.6%. For commercial buyers the practical constraint is that only 24.4% of land carries a commercial or industrial designation.
RS-3 Residential Single-family 3 RS-4 Residential Single-family 4 RS-5 Residential Single-family 5 RD Residential Duplex RT Residential Townhouse RM-0 Residential Multi-family 0 RM-1 Residential Multi-family 1 RM-2 Residential Multi-family 2 RM-3 Residential Multi-family 3 Most intensive "R" district RMH Residential Manufactured Housing RMH not included in r…
Market overview
Demographics & Economy
Tulsa, OK has 436,076 residents in 201,835 households. Density runs 1,684 people per square mile. Median household income here is $61,321 and median gross rent $1,014 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Jenks | $275 | $18.87 |
| Owasso | $252 | $11.00 |
| Sapulpa | $138 | $13.00 |
Commercial property in Tulsa, OK asks $135/SF. The 3 bordering markets run from $138/SF in Sapulpa to $275/SF in Jenks, and the city sits below their $252/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Tulsa?
How much does it cost to lease commercial space in Tulsa?
What is the office vacancy rate in Tulsa?
Which property type has the lowest vacancy in Tulsa?
How does Tulsa compare to nearby markets on price?
What zoning applies to commercial property in Tulsa?
Where does Realmo's Tulsa market data come from?
Methodology & data sources
- Asking prices and medians
- There are 215 active for-sale and 288 active for-lease listings in Tulsa, OK. The medians are based on 106 of the for-sale and 79 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 128,883 zoned acres across 56 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 October 2026 — not today — is the honest last update.
- Known limitations
- multifamily 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 October 2026 · How Realmo checks market page data · Report a data issue
