Commercial Real Estate Market in Phoenix, OR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
22 active listings and 195 off-market properties in Phoenix, OR. Commercial property asks $185/SF to buy and $12.40/SF/Yr to lease.
Market Trends
Phoenix, OR spans 3.3 square miles in Jackson County, Oregon. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Phoenix, OR runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail space in Phoenix, OR asks $167/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 Phoenix, 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 Phoenix, OR asks $205/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 42.3%
- Commercial 24.6%
- Industrial 2.7%
Largest Zones share of zoned land by district
Low Density Residential
Holding Zone
Commercial Highway
High Density Residential
Medium Density Residential
Market overview
Demographics & Economy
Phoenix, OR has 5,015 residents in 2,104 households. Density runs 1,527 people per square mile. Median household income here is $60,451 and median gross rent $1,284 a month.
5,015
Population
2,104
Households
2.4
Avg Household Size
46
Median Age
30%
College-Educated
97%
High-School Grad
3.3 sq mi
ZIP Area
1,527
Density / Sq Mi
$60,451
Median Household Income
$35,000
Median Earnings
$1,284
Median Rent
$374,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Medford | — | $14.97 |
| Talent | — | — |
| Ashland | — | — |
| Jacksonville | — | — |
Commercial property in Phoenix, OR asks $185/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Phoenix?
Commercial property in Phoenix, OR asks an average of $185 per square foot. The 4 most recent recorded sales traded at a median of $200/SF. Multifamily carries the highest asking price at $205/SF.
How much does it cost to lease commercial space in Phoenix?
Asking lease rates in Phoenix, OR average $12.40 per square foot per year.
Where does Realmo's Phoenix market data come from?
Realmo compiles Phoenix, OR figures from 8 recent recorded sales, 17 active sale listings, 5 active lease listings, 195 tracked off-market properties, the current Phoenix zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 17 active for-sale and 5 active for-lease listings in Phoenix, 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: 1,107 zoned acres across 9 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
