Commercial Real Estate Market in Southland, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Southland, TX spans 210.5 square miles in Lubbock County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Southland, TX asks $158/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Southland, TX asks $57/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Southland, 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 Southland, TX asks $105/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Market overview
Demographics & Economy
Southland, TX has 7,985 residents in 2,949 households. Density runs 38 people per square mile. Median household income here is $55,221 and median gross rent $1,018 a month.
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Slaton | $109 (county avg) | — |
| Ransom Canyon | $109 (county avg) | — |
| Buffalo Springs | $109 (county avg) | — |
Commercial property in Southland, TX asks $109/SF. The 3 bordering markets run from $109/SF in Slaton to $109/SF in Slaton, and the city sits in line with their $109/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Southland?
How does Southland compare to nearby markets on price?
Methodology & data sources
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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
