Commercial Real Estate Market in Vale, OR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
11 active listings and 165 off-market properties in Vale, OR.
Market Trends
Vale, OR spans 584.8 square miles in Malheur County, Oregon. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Vale, OR runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Vale, OR runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Vale, 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 Vale, 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 47.1%
- Industrial 30.9%
- Special 8.8%
- Civic 6.9%
- Commercial 6.3%
Largest Zones share of zoned land by district
Residential Urban Growth Area
Industrial Urban Growth Area
Single Family Residential
Light Industrial
Airport Urban Growth Area
Vale, OR zones 1,811 acres across 10 districts. Commercial zoning covers 6.3% of zoned land, residential 47.1% and industrial 30.9%. The largest single district is Residential Urban Growth Area at 26.6%. For commercial buyers the practical constraint is that only 37.2% of land carries a commercial or industrial designation.
Residential Urban Growth Area (UGA-R)
The purpose of UGA-R district is to provide land use and development standards to those unincorporated areas of the Vale urban growth area designated for residential use and shown on the Urban Growth Boundary and Urban Area Land Use Designation Map as residential
Market overview
Demographics & Economy
Vale, OR has 4,514 residents in 1,841 households. Density runs 8 people per square mile. Median household income here is $57,647 and median gross rent $864 a month.
4,514
Population
1,841
Households
2.5
Avg Household Size
39
Median Age
20%
College-Educated
88%
High-School Grad
584.8 sq mi
ZIP Area
8
Density / Sq Mi
$57,647
Median Household Income
$36,683
Median Earnings
$864
Median Rent
$240,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ontario | — | — |
| Fruitland | — | $158.62 |
| Payette | — | $11.75 |
Commercial property in Vale, OR asks $1/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Vale?
Commercial property in Vale, OR asks an average of $1 per square foot. The 3 most recent recorded sales traded at a median of $65/SF.
What zoning applies to commercial property in Vale?
Vale, OR zones 1,811 acres across 10 districts, of which 6.3% is commercial and 30.9% industrial. The largest single district is Residential Urban Growth Area at 26.6% of zoned land. The purpose of UGA-R district is to provide land use and development standards to those unincorporated areas of the Vale urban growth area designated for residential use and shown on the Urban Growth Boundary and Urban Area Land Use Designation Map as residential Residential zoning covers 47.1% and open space 0%.
Where does Realmo's Vale market data come from?
Realmo compiles Vale, OR figures from 4 recent recorded sales, 11 active sale listings, 165 tracked off-market properties, the current Vale zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 11 active for-sale and 0 active for-lease listings in Vale, 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: 1,811 zoned acres across 10 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
