Commercial Real Estate Market in Keizer, OR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
30 active listings and 363 off-market properties in Keizer, OR.
Market Trends
Keizer, OR spans 24.9 square miles in Marion County, Oregon. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Keizer, OR runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Keizer, OR runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Keizer, 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 Keizer, OR asks $232/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 70.3%
- Industrial 18.5%
- Mixed use 8.5%
- Commercial 0.7%
- Agricultural 0.1%
Largest Zones share of zoned land by district
Residential Single Family
Public
Mixed Use
Medium Density Residential
Agricultural Industrial
Keizer, OR zones 3,790 acres across 28 districts. Commercial zoning covers 0.7% of zoned land, residential 70.3% and industrial 18.5%. The largest single district is Residential Single Family at 53.9%. For commercial buyers the practical constraint is that only 19.2% of land carries a commercial or industrial designation.
Residential Single Family (RS)
It is intended to allow development of single-family and middle housing type homes on individual lots provided with urban services at low urban densities.
Market overview
Demographics & Economy
Keizer, OR has 41,441 residents in 15,740 households. Density runs 1,663 people per square mile. Median household income here is $81,057 and median gross rent $1,361 a month.
41,441
Population
15,740
Households
2.6
Avg Household Size
38
Median Age
27%
College-Educated
90%
High-School Grad
24.9 sq mi
ZIP Area
1,663
Density / Sq Mi
$81,057
Median Household Income
$45,034
Median Earnings
$1,361
Median Rent
$396,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Salem | — | $26.22 |
| Gervais | — | — |
| Turner | — | — |
| Silverton | — | — |
Commercial property in Keizer, OR asks $1,014/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Keizer?
Commercial property in Keizer, OR asks an average of $1,014 per square foot. The 5 most recent recorded sales traded at a median of $121/SF, so asking sits 740% above the achieved median. Multifamily carries the highest asking price at $232/SF.
What zoning applies to commercial property in Keizer?
Keizer, OR zones 3,790 acres across 28 districts, of which 0.7% is commercial and 18.5% industrial. The largest single district is Residential Single Family at 53.9% of zoned land. It is intended to allow development of single-family and middle housing type homes on individual lots provided with urban services at low urban densities. Residential zoning covers 70.3% and open space 0%.
Where does Realmo's Keizer market data come from?
Realmo compiles Keizer, OR figures from 6 recent recorded sales, 16 active sale listings, 14 active lease listings, 363 tracked off-market properties, the current Keizer zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 16 active for-sale and 14 active for-lease listings in Keizer, 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: 3,790 zoned acres across 28 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, industrial vacancy is reported at West region level and asking prices run materially above recent closed pricing.
- 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
