Commercial Real Estate Market in Ashland, OR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
97 active listings and 807 off-market properties in Ashland, OR. Commercial property asks $20/SF to buy and $10.50/SF/Yr to lease.
Market Trends
Ashland, OR spans 328.8 square miles in Jackson County, Oregon. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Ashland, OR runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail space in Ashland, OR asks $167/SF to buy. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Industrial
Industrial vacancy in Ashland, OR runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in Ashland, OR asks $205/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 78.7%
- Open space 10.8%
- Commercial 5.1%
- Civic 4.3%
- Industrial 1.1%
- Mixed use 0.1%
Largest Zones share of zoned land by district
Residential Single Family
Residential Single Family
Residential Single Family
Residential Low Density Multiple Family
Employment
Ashland, OR zones 4,271 acres across 22 districts. Commercial zoning covers 5.1% of zoned land, residential 78.7%, open space 10.8% and industrial 1.1%. The largest single district is Residential Single Family at 21%. For commercial buyers the practical constraint is that only 6.2% of land carries a commercial or industrial designation.
Residential Single Family (R-1-7.5)
Residential - Single-Family (R-1-10, R-1-7.5, and R- 1-5) Freeway Sign Overlay Residential - Suburban (R-1-3.5) Historic District Overlay Residential - Low Density Multiple Family (R-2) Pedestrian Place Overlay Residential - High Density Multiple Family (R-3) Performance Standards Options Overlay Commercial (C-1) Physical and Environmental Constraints Overla…
Market overview
Demographics & Economy
Ashland, OR has 25,970 residents in 13,964 households. Density runs 79 people per square mile. Median household income here is $71,485 and median gross rent $1,360 a month.
25,970
Population
13,964
Households
1.9
Avg Household Size
47
Median Age
61%
College-Educated
96%
High-School Grad
328.8 sq mi
ZIP Area
79
Density / Sq Mi
$71,485
Median Household Income
$31,869
Median Earnings
$1,360
Median Rent
$568,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Talent | — | — |
| Medford | — | $14.97 |
| Phoenix | — | $12.40 |
| Jacksonville | — | — |
Commercial property in Ashland, OR asks $20/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ashland?
Commercial property in Ashland, OR asks an average of $20 per square foot. The 4 most recent recorded sales traded at a median of $366/SF. Multifamily carries the highest asking price at $205/SF.
How much does it cost to lease commercial space in Ashland?
Asking lease rates in Ashland, OR average $10.50 per square foot per year.
What zoning applies to commercial property in Ashland?
Ashland, OR zones 4,271 acres across 22 districts, of which 5.1% is commercial and 1.1% industrial. The largest single district is Residential Single Family at 21% of zoned land. Residential - Single-Family (R-1-10, R-1-7.5, and R- 1-5) Freeway Sign Overlay Residential - Suburban (R-1-3.5) Historic District Overlay Residential - Low Density Multiple Family (R-2) Pedestrian Place Overlay Residential - High Density Multiple Family (R-3) Performance Standards Options Overlay Commercial (C-1) Physical and Environmental Constraints Overla… Residential zoning covers 78.7% and open space 10.8%.
Where does Realmo's Ashland market data come from?
Realmo compiles Ashland, OR figures from 4 recent recorded sales, 81 active sale listings, 16 active lease listings, 807 tracked off-market properties, the current Ashland zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 81 active for-sale and 16 active for-lease listings in Ashland, OR. 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: 4,271 zoned acres across 22 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 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West 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 30 September 2026 · report a data issue
