Commercial Real Estate Market in Grants Pass, OR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
214 active listings and 1,606 off-market properties in Grants Pass, OR. Commercial property asks $12/SF to buy and $9.31/SF/Yr to lease.
Market Trends
Grants Pass, OR spans 408.1 square miles in Josephine County, Oregon. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Grants Pass, OR asks $127/SF to buy. Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Retail
Retail space in Grants Pass, OR asks $217/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 Grants Pass, 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 Grants Pass, OR asks $187/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
Market overview
Demographics & Economy
Grants Pass, OR has 73,694 residents in 31,886 households. Density runs 181 people per square mile. Median household income here is $61,737 and median gross rent $1,211 a month.
73,694
Population
31,886
Households
2.3
Avg Household Size
48
Median Age
19%
College-Educated
90%
High-School Grad
408.1 sq mi
ZIP Area
181
Density / Sq Mi
$61,737
Median Household Income
$35,828
Median Earnings
$1,211
Median Rent
$395,557
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Grants Pass?
Commercial property in Grants Pass, OR asks an average of $12 per square foot. The 7 most recent recorded sales traded at a median of $140/SF. Retail carries the highest asking price at $217/SF.
How much does it cost to lease commercial space in Grants Pass?
Asking lease rates in Grants Pass, OR average $9.31 per square foot per year.
Where does Realmo's Grants Pass market data come from?
Realmo compiles Grants Pass, OR figures from 7 recent recorded sales, 183 active sale listings, 31 active lease listings, 1,606 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 183 active for-sale and 31 active for-lease listings in Grants Pass, 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.
- 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
