Commercial Real Estate Market in Plainview, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
70 active listings and 1,392 off-market properties in Plainview, TX.
Market Trends
Plainview, TX spans 397.6 square miles in Hale County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Plainview, 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 Plainview, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Plainview, 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 Plainview, 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
- Residential 40.8%
- Industrial 20.2%
- Agricultural 18.3%
- Commercial 17.4%
- Mixed use 2.2%
- Civic 1.1%
- Planned_development 0.2%
Largest Zones share of zoned land by district
Suburban Residential
Rural And Agricultural
General Commercial
Heavy Industrial
Light Industrial
Plainview, TX zones 8,795 acres across 13 districts. Commercial zoning covers 17.4% of zoned land, residential 40.8% and industrial 20.2%. The largest single district is Suburban Residential at 36.2%. For commercial buyers the practical constraint is that only 37.6% of land carries a commercial or industrial designation.
Suburban Residential (SR)
Suburban Residential (SR) R-1L The development and preservation of single-family detached residential neighborhoods with a suburban low-density character. R-1 R-2 Mixed Residential (MR) 2F The development and preservation of single-family detached and single-family attached residential neighborhoods (i.e., duplexes and townhomes) with a suburban character. T…
Market overview
Demographics & Economy
Plainview, TX has 25,594 residents in 10,096 households. Density runs 64 people per square mile. Median household income here is $50,766 and median gross rent $813 a month.
25,594
Population
10,096
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
74%
High-School Grad
397.6 sq mi
ZIP Area
64
Density / Sq Mi
$50,766
Median Household Income
$31,083
Median Earnings
$813
Median Rent
$106,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Aiken | — | — |
| Hale Center | — | — |
| Kress | — | — |
| Edmonson | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Plainview?
Plainview, TX zones 8,795 acres across 13 districts, of which 17.4% is commercial and 20.2% industrial. The largest single district is Suburban Residential at 36.2% of zoned land. Suburban Residential (SR) R-1L The development and preservation of single-family detached residential neighborhoods with a suburban low-density character. R-1 R-2 Mixed Residential (MR) 2F The development and preservation of single-family detached and single-family attached residential neighborhoods (i.e., duplexes and townhomes) with a suburban character. T… Residential zoning covers 40.8% and open space 0%.
Where does Realmo's Plainview market data come from?
Realmo compiles Plainview, TX figures from 63 active sale listings, 7 active lease listings, 1,392 tracked off-market properties, the current Plainview zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 63 active for-sale and 7 active for-lease listings in Plainview, 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: 8,795 zoned acres across 13 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
