Commercial Real Estate Market in Enterprise, OR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
21 active listings and 215 off-market properties in Enterprise, OR.
Market Trends
Enterprise, OR spans 691.3 square miles in Wallowa County, Oregon. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Enterprise, OR runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Enterprise, OR runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Enterprise, 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 Enterprise, 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 43.7%
- Commercial 31.8%
- Special 14.2%
- Industrial 5.2%
- Open space 5%
- Civic 0.2%
Largest Zones share of zoned land by district
Single And Double Family Residential
Light Commercial
Airport
Multifamily Residential
Commercial View
Enterprise, OR zones 1,062 acres across 11 districts. Commercial zoning covers 31.8% of zoned land, residential 43.7%, open space 5% and industrial 5.2%. The largest single district is Single And Double Family Residential at 28.3%. For commercial buyers the practical constraint is that only 37% of land carries a commercial or industrial designation.
Single And Double Family Residential (R-2)
Section 3.020. - TWO-FAMILY DWELLING ZONE REGULATIONS, R-2. 1. USES PERMITTED OUTRIGHT. In an R-2 zone, the following uses and their accessory uses, subject to the limitations and restrictions contained herein, shall be permitted outright: A. Single-family dwellings of a permanent character, together with manufactured homes and double-wide and triple-wide mo…
Market overview
Demographics & Economy
Enterprise, OR has 3,283 residents in 1,707 households. Density runs 5 people per square mile. Median household income here is $57,275 and median gross rent $821 a month.
3,283
Population
1,707
Households
1.9
Avg Household Size
49
Median Age
43%
College-Educated
90%
High-School Grad
691.3 sq mi
ZIP Area
5
Density / Sq Mi
$57,275
Median Household Income
$30,558
Median Earnings
$821
Median Rent
$369,600
Median Home Value
Tools
Nearby Markets
Commercial property in Enterprise, OR asks $206/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Enterprise?
Commercial property in Enterprise, OR asks an average of $206 per square foot.
What zoning applies to commercial property in Enterprise?
Enterprise, OR zones 1,062 acres across 11 districts, of which 31.8% is commercial and 5.2% industrial. The largest single district is Single And Double Family Residential at 28.3% of zoned land. Section 3.020. - TWO-FAMILY DWELLING ZONE REGULATIONS, R-2. 1. USES PERMITTED OUTRIGHT. In an R-2 zone, the following uses and their accessory uses, subject to the limitations and restrictions contained herein, shall be permitted outright: A. Single-family dwellings of a permanent character, together with manufactured homes and double-wide and triple-wide mo… Residential zoning covers 43.7% and open space 5%.
Where does Realmo's Enterprise market data come from?
Realmo compiles Enterprise, OR figures from 2 recent recorded sales, 21 active sale listings, 215 tracked off-market properties, the current Enterprise zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 21 active for-sale and 0 active for-lease listings in Enterprise, 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: 1,062 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 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 · How Realmo checks market page data · Report a data issue
