Commercial Real Estate Market in Pasadena, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
160 active listings and 4,160 off-market properties in Pasadena, TX. Commercial property asks $83/SF to buy and $13.80/SF/Yr to lease.
Market Trends
Pasadena, TX spans 53.4 square miles in Harris County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Pasadena, 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 Pasadena, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Pasadena, 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 Pasadena, TX runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Pasadena, TX has 146,964 residents in 52,050 households. Density runs 2,752 people per square mile. Median household income here is $62,716 and median gross rent $1,216 a month.
146,964
Population
52,050
Households
2.8
Avg Household Size
33
Median Age
13%
College-Educated
70%
High-School Grad
53.4 sq mi
ZIP Area
2,752
Density / Sq Mi
$62,716
Median Household Income
$36,782
Median Earnings
$1,216
Median Rent
$182,523
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| South Houston | — | — |
| Galena Park | — | — |
| Deer Park | — | — |
| Jacinto City | — | — |
Commercial property in Pasadena, TX asks $83/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Pasadena?
Commercial property in Pasadena, TX asks an average of $83 per square foot.
How much does it cost to lease commercial space in Pasadena?
Asking lease rates in Pasadena, TX average $13.80 per square foot per year.
Where does Realmo's Pasadena market data come from?
Realmo compiles Pasadena, TX figures from 115 active sale listings, 45 active lease listings, 4,160 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 115 active for-sale and 45 active for-lease listings in Pasadena, 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.
- 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
