Commercial Real Estate Market in Watonga, OK
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
24 active listings and 295 off-market properties in Watonga, OK.
Market Trends
Watonga, OK spans 240.9 square miles in Blaine County, Oklahoma. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Watonga, 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 Watonga, OK runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Watonga, 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 Watonga, 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 50.4%
- Civic 25%
- Commercial 14.8%
- Agricultural 6.1%
- Industrial 3.6%
Largest Zones share of zoned land by district
Single Family Residential
Institutional And Public
General Commercial
General Agricultural
Secure Facility
Single Family Residential (R-1)
All new additions and annexations of land to the City shall be in an R-1 Residential District, unless otherwise classified by the City Council, for a period of time not to exceed one year from the effective date of the ordinance annexing the addition. B. Within this one-year period of time, the Planning Commission shall study and make recommendations concern…
Market overview
Demographics & Economy
Watonga, OK has 3,574 residents in 1,586 households. Density runs 15 people per square mile. Median household income here is $55,125 and median gross rent $821 a month.
3,574
Population
1,586
Households
2.3
Avg Household Size
40
Median Age
12%
College-Educated
83%
High-School Grad
240.9 sq mi
ZIP Area
15
Density / Sq Mi
$55,125
Median Household Income
$29,853
Median Earnings
$821
Median Rent
$138,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Greenfield | — | — |
| Hitchcock | — | — |
| Omega | — | — |
| Fay | — | — |
Commercial property in Watonga, OK asks $538/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Watonga?
Commercial property in Watonga, OK asks an average of $538 per square foot.
Where does Realmo's Watonga market data come from?
Realmo compiles Watonga, OK figures from 24 active sale listings, 295 tracked off-market properties, the current Watonga zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 24 active for-sale and 0 active for-lease listings in Watonga, 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: 1,782 zoned acres across 11 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
