Commercial Real Estate Market in Austin, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
1,769 active listings and 15,429 off-market properties in Austin, TX. Commercial property asks $299/SF to buy and $28.00/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 October 2026.
Office
Office space in Austin, TX asks $35.12/SF/Yr to lease; the median asking sale price is $348/SF. Vacancy runs 29% in 2025, up from 9.1% in 2019.
Typical asking range for active listings in Austin, TX (the middle half): Lease $22.43–$39.50/SF/Yr (median $28.50/SF/Yr, 95 listings); Sale $244–$592/SF (median $348/SF, 35 listings).
Retail
Retail space in Austin, TX has a median asking sale price of $656/SF. Vacancy runs 4.1% in 2025, down from 5.3% in 2019. Down from a 2020 peak of 6.4%.
Typical asking range for active listings in Austin, TX (the middle half): Lease $18.40–$42.74/SF/Yr (median $26.18/SF/Yr, 23 listings).
Industrial
Industrial space in Austin, TX has a median asking sale price of $435/SF. Vacancy runs 21.9% in 2025, up from 7.5% in 2019. Nearly 5.6x the 2021 low of 3.9%.
Typical asking range for active listings in Austin, TX (the middle half): Lease $15.00–$20.00/SF/Yr (median $15.60/SF/Yr, 21 listings); Sale $240–$456/SF (median $435/SF, 18 listings).
Multifamily
Multifamily space in Austin, TX has a median asking sale price of $250/SF. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Typical asking range for active listings in Austin, TX (the middle half): Sale $209–$360/SF (median $250/SF, 99 listings).
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.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Austin?
How much does it cost to lease commercial space in Austin?
What is the office vacancy rate in Austin?
Which property type has the lowest vacancy in Austin?
Where does Realmo's Austin market data come from?
Methodology & data sources
- Asking prices and medians
- There are 490 active for-sale and 1,279 active for-lease listings in Austin, TX. The medians are based on 172 of the for-sale and 135 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
