Commercial Real Estate Market in Tulsa, OK
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
799 active listings and 13,778 off-market properties in Tulsa, OK. Commercial property asks $113/SF to buy and $16.37/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 August 2026.
Office
Office space in Tulsa, OK asks $173/SF to buy. Vacancy runs 10.6% in 2025, little changed from 10.4% in 2019. Down from a 2021 peak of 12.1%.
Average Sale Price $/SF
Listings
Vacancy Rate %
Retail
Retail space in Tulsa, OK asks $150/SF to buy. Vacancy runs 5.4% in 2025, down from 7.2% in 2019. Down from a 2020 peak of 7.6%.
Average Sale Price $/SF
Listings
Vacancy Rate %
Industrial
Industrial vacancy in Tulsa, OK runs 2.3% in 2025, little changed from 2.6% in 2019. Down from a 2022 peak of 3.9%.
Vacancy Rate %
Multifamily
Multifamily vacancy in Tulsa, 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 73.2%
- Industrial 15.3%
- Commercial 9.1%
- Planned_development 0.4%
- Mixed use 0.2%
Largest Zones share of zoned land by district
Residential Single Family 3
Agricultural
Industrial Light
Residential Single Family 2
Industrial Moderate
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.
Residential Single Family 3 (RS-3)
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.
436,076
Population
201,835
Households
2.2
Avg Household Size
36
Median Age
32%
College-Educated
87%
High-School Grad
259 sq mi
ZIP Area
1,684
Density / Sq Mi
$61,321
Median Household Income
$38,849
Median Earnings
$1,014
Median Rent
$202,348
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Turley | — | — |
| Sand Springs | — | — |
| Sperry | — | — |
| Jenks | — | $15.55 |
Commercial property in Tulsa, OK asks $113/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Tulsa?
Commercial property in Tulsa, OK asks an average of $113 per square foot. The 5 most recent recorded sales traded at a median of $66/SF, so asking sits 73% above the achieved median. Office carries the highest asking price at $173/SF.
How much does it cost to lease commercial space in Tulsa?
Asking lease rates in Tulsa, OK average $16.37 per square foot per year.
What is the office vacancy rate in Tulsa?
Office vacancy in Tulsa, OK is 10.6% as of 2025, little changed from 10.4% in 2019. Retail vacancy is 5.4%, below Office vacancy.
Which property type has the lowest vacancy in Tulsa?
Industrial has the lowest vacancy in Tulsa, OK at 2.3%, inside a 2.3–3.9% band since 2019. For comparison: office 10.6%, retail 5.4% and multifamily 11.3% (South).
What zoning applies to commercial property in Tulsa?
Tulsa, OK zones 128,883 acres across 56 districts, of which 9.1% is commercial and 15.3% industrial. The largest single district is Residential Single Family 3 at 31.6% of zoned land. 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… Residential zoning covers 73.2% and open space 0%.
Where does Realmo's Tulsa market data come from?
Realmo compiles Tulsa, OK figures from 6 recent recorded sales, 497 active sale listings, 302 active lease listings, 13,778 tracked off-market properties, the current Tulsa zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 497 active for-sale and 302 active for-lease listings in Tulsa, 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: 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 August 2026 — not today — is the honest last update.
- Known limitations
- multifamily 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
