Commercial Real Estate Market in Carlton, OR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
19 active listings and 94 off-market properties in Carlton, OR. Commercial property asks $2,187/SF to buy and $25.06/SF/Yr to lease.
Market Trends
Carlton, OR spans 38.0 square miles in Yamhill County, Oregon. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Carlton, OR runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Carlton, OR runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Carlton, 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 vacancy in Carlton, OR runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 51.2%
- Agricultural 28%
- Mixed use 6%
- Commercial 5.3%
- Industrial 3.6%
Largest Zones share of zoned land by district
Residential Low Density
Agricultural Holding
Medium Density Residential
Public Facility
Residential Medium High Density
Residential Low Density (R-1)
Chapter 17.20 - RESIDENTIAL-LOW DENSITY (R-1) DISTRICT 17.20.010 - Purpose. The Residential-Low Density (R-1) district preserves existing neighborhood residential areas and provides for future neighborhood residential housing opportunities including single-family detached homes, duplexes, and other similarly scaled dwellings. The
Market overview
Demographics & Economy
Carlton, OR has 3,435 residents in 1,609 households. Density runs 90 people per square mile. Median household income here is $95,121 and median gross rent $1,744 a month.
3,435
Population
1,609
Households
2.1
Avg Household Size
41
Median Age
23%
College-Educated
91%
High-School Grad
38 sq mi
ZIP Area
90
Density / Sq Mi
$95,121
Median Household Income
$55,890
Median Earnings
$1,744
Median Rent
$472,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Yamhill | — | — |
| McMinnville | — | $27.75 |
| Dayton | — | — |
Commercial property in Carlton, OR asks $2,187/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Carlton?
Commercial property in Carlton, OR asks an average of $2,187 per square foot.
How much does it cost to lease commercial space in Carlton?
Asking lease rates in Carlton, OR average $25.06 per square foot per year.
Where does Realmo's Carlton market data come from?
Realmo compiles Carlton, OR figures from 4 recent recorded sales, 15 active sale listings, 4 active lease listings, 94 tracked off-market properties, the current Carlton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 15 active for-sale and 4 active for-lease listings in Carlton, 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: 569 zoned acres across 13 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
