Commercial Real Estate Market in Italy, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
27 active listings and 153 off-market properties in Italy, TX.
Market Trends
Italy, TX spans 94.9 square miles in Ellis County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Italy, 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 Italy, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Italy, 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 Italy, 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
- Agricultural 50.4%
- Residential 37.2%
- Commercial 10.4%
Largest Zones share of zoned land by district
Agricultural
Single Family Residential 1
Single Family Residential 2
Commercial Highway
Commercial 1
Agricultural (AG)
All territory hereinafter annexed to the City of Italy shall be temporarily classified as “AG”, Agricultural District, until permanent zoning is established by the City Council of the City of Italy. The procedure for annexation shall be in conformance with Article 970a, V.A.C.S., Municipal Annexation Act. The procedure for establishing permanent zoning on an…
Market overview
Demographics & Economy
Italy, TX has 3,373 residents in 1,539 households. Density runs 36 people per square mile. Median household income here is $69,191 and median gross rent $1,152 a month.
3,373
Population
1,539
Households
2.2
Avg Household Size
39
Median Age
21%
College-Educated
90%
High-School Grad
94.9 sq mi
ZIP Area
36
Density / Sq Mi
$69,191
Median Household Income
$41,169
Median Earnings
$1,152
Median Rent
$213,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Milford | — | — |
| Forreston | — | — |
| Avalon | — | — |
| Frost | — | — |
Commercial property in Italy, TX asks $25/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Italy?
Commercial property in Italy, TX asks an average of $25 per square foot.
Where does Realmo's Italy market data come from?
Realmo compiles Italy, TX figures from 27 active sale listings, 153 tracked off-market properties, the current Italy zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 27 active for-sale and 0 active for-lease listings in Italy, 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: 1,185 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
