Commercial Real Estate Market in Condon, OR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
5 active listings and 203 off-market properties in Condon, OR.
Market Trends
Condon, OR spans 676.7 square miles in Gilliam County, Oregon. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Condon, OR runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Condon, OR runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Condon, 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 Condon, 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 53.3%
- Industrial 21.8%
- Commercial 10.2%
- Special 1.3%
Largest Zones share of zoned land by district
Residential
General Industrial
Public Facility
Commercial
Industrial
Condon, OR zones 1,028 acres across 8 districts. Commercial zoning covers 10.2% of zoned land, residential 53.3% and industrial 21.8%. The largest single district is Residential at 49.4%. For commercial buyers the practical constraint is that only 32% of land carries a commercial or industrial designation.
Residential (R1)
The purpose of this district is to promote Two family residential uses
Market overview
Demographics & Economy
Condon, OR has 1,014 residents in 697 households. Density runs 1 people per square mile. Median household income here is $55,125 and median gross rent $885 a month.
1,014
Population
697
Households
1.5
Avg Household Size
52
Median Age
25%
College-Educated
93%
High-School Grad
676.7 sq mi
ZIP Area
1
Density / Sq Mi
$55,125
Median Household Income
$39,911
Median Earnings
$885
Median Rent
$144,800
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Condon?
Commercial property in Condon, OR asks an average of $2,911 per square foot.
What zoning applies to commercial property in Condon?
Condon, OR zones 1,028 acres across 8 districts, of which 10.2% is commercial and 21.8% industrial. The largest single district is Residential at 49.4% of zoned land. The purpose of this district is to promote Two family residential uses Residential zoning covers 53.3% and open space 0%.
Where does Realmo's Condon market data come from?
Realmo compiles Condon, OR figures from 5 recent recorded sales, 5 active sale listings, 203 tracked off-market properties, the current Condon zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 0 active for-lease listings in Condon, 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: 1,028 zoned acres across 8 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
