Commercial Real Estate Market in Canadian, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
7 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 October 2026.
Office
Office vacancy in Canadian, TX runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Canadian, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
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%.
Multifamily
Multifamily vacancy in Canadian, TX runs 11.3% across the South region in 2025, up from 8.5% in 2022.
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
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.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Canadian?
What zoning applies to commercial property in Canadian?
Where does Realmo's Canadian market data come from?
Methodology & data sources
- Asking prices and medians
- There are 5 active for-sale and 2 active for-lease listings in Canadian, TX. The sale median is based on 3 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. 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.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
