Commercial Real Estate Market in Austin, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2,373 active listings and 15,433 off-market properties in Austin, TX. Commercial property asks $138/SF to buy and $27.30/SF/Yr to lease. Office vacancy runs 29%, the loosest of the segments tracked here.
Market Trends
Austin, TX spans 563.4 square miles in Travis County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Austin, TX runs 29% in 2025, up from 9.1% in 2019.
Vacancy Rate %
Retail
Retail vacancy in Austin, TX runs 4.1% in 2025, down from 5.3% in 2019. Down from a 2020 peak of 6.4%.
Vacancy Rate %
Industrial
Industrial vacancy in Austin, TX runs 21.9% in 2025, up from 7.5% in 2019. Nearly 5.6x the 2021 low of 3.9%.
Vacancy Rate %
Multifamily
Multifamily vacancy in Austin, TX runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Austin, TX has 1,206,868 residents in 564,429 households. Density runs 2,142 people per square mile. Median household income here is $105,258 and median gross rent $1,759 a month.
1,206,868
Population
564,429
Households
2.1
Avg Household Size
34
Median Age
59%
College-Educated
92%
High-School Grad
563.4 sq mi
ZIP Area
2,142
Density / Sq Mi
$105,258
Median Household Income
$60,178
Median Earnings
$1,759
Median Rent
$569,089
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Colton | — | — |
| Sunset Valley | — | — |
| Rollingwood | — | — |
| Bluff Springs | — | — |
Commercial property in Austin, TX asks $138/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Austin?
Commercial property in Austin, TX asks an average of $138 per square foot.
How much does it cost to lease commercial space in Austin?
Asking lease rates in Austin, TX average $27.30 per square foot per year.
What is the office vacancy rate in Austin?
Office vacancy in Austin, TX is 29% as of 2025, up from 9.1% in 2019. Retail vacancy is 4.1%, below Office vacancy.
Which property type has the lowest vacancy in Austin?
Retail has the lowest vacancy in Austin, TX at 4.1%, inside a 3.9–6.4% band since 2019. For comparison: office 29%, industrial 21.9% and multifamily 11.3% (South).
Where does Realmo's Austin market data come from?
Realmo compiles Austin, TX figures from 1,030 active sale listings, 1,343 active lease listings, 15,433 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1,030 active for-sale and 1,343 active for-lease listings in Austin, TX. 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 31 August 2026 — not today — is the honest last update.
- Known limitations
- multifamily vacancy is reported at South 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 31 August 2026 · report a data issue
