Commercial Real Estate Market in Hays, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing in Hays, TX.
Market Trends
Hays, TX spans 96.9 square miles in Hays County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Hays, TX asks $284/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Hays, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Hays, 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 space in Hays, TX asks $179/SF to buy. Vacancy 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
- Residential 83.8%
- Commercial 14.4%
- Civic 1.8%
Largest Zones share of zoned land by district
Hays, TX zones 118 acres across 3 districts. Commercial zoning covers 14.4% of zoned land, residential 83.8%. The largest single district is Single Family Residential District at 83.8%. For commercial buyers the practical constraint is that only 14.4% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Hays, TX has 45,134 residents in 17,271 households. Density runs 466 people per square mile. Median household income here is $110,417 and median gross rent $1,736 a month.
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Manchaca | — | — |
| Buda | — | — |
| San Leanna | — | — |
| Mountain City | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Hays?
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Hays, 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: 118 zoned acres across 3 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
