Commercial Real Estate Market in Washington, OK
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 55 off-market properties in Washington, OK.
Market Trends
Washington, OK spans 58.1 square miles in McClain County, Oklahoma. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Washington, 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 Washington, OK runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Washington, 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 Washington, 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
- Commercial 82%
- Residential 16.7%
- Civic 1.1%
- Industrial 0.3%
Largest Zones share of zoned land by district
Agricultural
Single Family Residential
Downtown Commercial
Mobile Home Residential
Industrial
Washington, OK zones 826 acres across 5 districts. Commercial zoning covers 82% of zoned land, residential 16.7% and industrial 0.3%. The largest single district is Agricultural at 82%. For commercial buyers the practical constraint is that only 82.2% of land carries a commercial or industrial designation.
Agricultural (A-1)
This District is intended to preserve land for agricultural and directly-related residential and commercial uses, discourage premature development and prevent inefficient, untimely and expensive extension of Municipal utilities
Market overview
Demographics & Economy
Washington, OK has 3,415 residents in 1,559 households. Density runs 59 people per square mile. Median household income here is $95,391 and median gross rent $2,011 a month.
3,415
Population
1,559
Households
2.2
Avg Household Size
38
Median Age
33%
College-Educated
93%
High-School Grad
58.1 sq mi
ZIP Area
59
Density / Sq Mi
$95,391
Median Household Income
$59,184
Median Earnings
$2,011
Median Rent
$279,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Slaughterville | $145 (county avg) | — |
| Lexington | $145 (county avg) | — |
| Norman | $145 (county avg) | $17.22 |
| Noble | $145 (county avg) | — |
Commercial property in Washington, OK asks $200/SF. The 4 bordering markets run from $145/SF in Slaughterville to $145/SF in Slaughterville, and the city sits above their $145/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Washington?
Commercial property in Washington, OK asks an average of $200 per square foot.
How does Washington compare to nearby markets on price?
Washington, OK asks $200/SF against $145/SF in Slaughterville, $145/SF in Lexington, $145/SF in Norman and $145/SF in Noble. Slaughterville is the cheapest entry point at 27% below Washington pricing.
What zoning applies to commercial property in Washington?
Washington, OK zones 826 acres across 5 districts, of which 82% is commercial and 0.3% industrial. The largest single district is Agricultural at 82% of zoned land. This District is intended to preserve land for agricultural and directly-related residential and commercial uses, discourage premature development and prevent inefficient, untimely and expensive extension of Municipal utilities Residential zoning covers 16.7% and open space 0%.
Where does Realmo's Washington market data come from?
Realmo compiles Washington, OK figures from 2 active sale listings, 55 tracked off-market properties, the current Washington zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Washington, 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: 826 zoned acres across 5 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
- 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
