Commercial Real Estate Market in Florence, OR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
126 active listings and 990 off-market properties in Florence, OR.
Market Trends
Florence, OR spans 168.3 square miles in Lane County, Oregon. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Florence, OR runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Florence, OR runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Florence, 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 Florence, OR asks $249/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 35.7%
- Planned_development 19.4%
- Open space 14.2%
- Commercial 13.4%
- Industrial 8.7%
- Mixed use 4.5%
Largest Zones share of zoned land by district
Residential Medium Density
Residential Low Density
Open Space
Residential High Density
Highway Commercial
Florence, OR zones 3,927 acres across 25 districts. Commercial zoning covers 13.4% of zoned land, residential 35.7%, open space 14.2% and industrial 8.7%. The largest single district is Residential Medium Density at 22.3%. For commercial buyers the practical constraint is that only 22.1% of land carries a commercial or industrial designation.
Residential Medium Density (R/MD)
The Medium Density Residential District is intended to provide a quality environment for medium density, urban residential uses and other compatible land uses determined to be necessary or desirable
Market overview
Demographics & Economy
Florence, OR has 15,634 residents in 9,056 households. Density runs 93 people per square mile. Median household income here is $58,576 and median gross rent $1,164 a month.
15,634
Population
9,056
Households
1.7
Avg Household Size
62
Median Age
27%
College-Educated
92%
High-School Grad
168.3 sq mi
ZIP Area
93
Density / Sq Mi
$58,576
Median Household Income
$36,146
Median Earnings
$1,164
Median Rent
$364,600
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Florence?
Commercial property in Florence, OR asks an average of $409 per square foot. Multifamily carries the highest asking price at $249/SF.
What zoning applies to commercial property in Florence?
Florence, OR zones 3,927 acres across 25 districts, of which 13.4% is commercial and 8.7% industrial. The largest single district is Residential Medium Density at 22.3% of zoned land. The Medium Density Residential District is intended to provide a quality environment for medium density, urban residential uses and other compatible land uses determined to be necessary or desirable Residential zoning covers 35.7% and open space 14.2%.
Where does Realmo's Florence market data come from?
Realmo compiles Florence, OR figures from 5 recent recorded sales, 123 active sale listings, 3 active lease listings, 990 tracked off-market properties, the current Florence zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 123 active for-sale and 3 active for-lease listings in Florence, 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: 3,927 zoned acres across 25 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
