Commercial Real Estate Market in Kermit, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
7 active listings and 607 off-market properties in Kermit, TX.
Market Trends
Kermit, TX spans 554.9 square miles in Winkler County, Texas. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Kermit, TX runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Kermit, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Kermit, 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 Kermit, 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
- Residential 71.3%
- Industrial 12.4%
- Commercial 6.7%
- Mixed use 5.2%
- Agricultural 4.4%
Largest Zones share of zoned land by district
Kermit, TX zones 1,607 acres across 10 districts. Commercial zoning covers 6.7% of zoned land, residential 71.3% and industrial 12.4%. The largest single district is Single Family Low Density at 63.2%. For commercial buyers the practical constraint is that only 19.1% of land carries a commercial or industrial designation.
R-1 Single-Family (Low-Density) This district is intended to provide for development of single-family detached units. R-2 Moderate Density This district is intended to provide for a mix of lower intensity housing options including single-family detached, single-family attached, townhome, and duplex units. R-3 Multiple-Family (High-Density) This district is i…
Market overview
Demographics & Economy
Kermit, TX has 6,857 residents in 2,644 households. Density runs 12 people per square mile. Median household income here is $88,365 and median gross rent $907 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Kermit?
What zoning applies to commercial property in Kermit?
Where does Realmo's Kermit market data come from?
Methodology & data sources
- Asking prices and medians
- There are 6 active for-sale and 1 active for-lease listings in Kermit, TX. The sale median is based on 6 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: 1,607 zoned acres across 10 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
