Commercial Real Estate Market in Canadian, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
19 active listings and 298 off-market properties in Canadian, TX.
Market Trends
Canadian, TX spans 908.1 square miles in Hemphill County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Canadian, TX runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Canadian, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Canadian, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Canadian, TX runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Industrial 50.6%
- Residential 27.5%
- Commercial 15.6%
- Civic 0.7%
- Planned_development 0.3%
Largest Zones share of zoned land by district
Single Family Residential
General Residential
Single Family Residential
General Commercial
Heavy Industrial
Canadian, TX zones 889 acres across 12 districts. Commercial zoning covers 15.6% of zoned land, residential 27.5% and industrial 50.6%. The largest single district is Single Family Residential at 27.7%. For commercial buyers the practical constraint is that only 66.2% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Canadian, TX has 3,281 residents in 1,642 households. Density runs 4 people per square mile. Median household income here is $72,743 and median gross rent $950 a month.
3,281
Population
1,642
Households
2
Avg Household Size
38
Median Age
25%
College-Educated
85%
High-School Grad
908.1 sq mi
ZIP Area
4
Density / Sq Mi
$72,743
Median Household Income
$39,814
Median Earnings
$950
Median Rent
$213,700
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Canadian?
Commercial property in Canadian, TX asks an average of $3 per square foot.
What zoning applies to commercial property in Canadian?
Canadian, TX zones 889 acres across 12 districts, of which 15.6% is commercial and 50.6% industrial. The largest single district is Single Family Residential at 27.7% of zoned land. Residential zoning covers 27.5% and open space 0%.
Where does Realmo's Canadian market data come from?
Realmo compiles Canadian, TX figures from 17 active sale listings, 2 active lease listings, 298 tracked off-market properties, the current Canadian zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 17 active for-sale and 2 active for-lease listings in Canadian, 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.
- Zoning and land use
- The current municipal zoning release: 889 zoned acres across 12 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 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial 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
