Commercial Real Estate Market in Vernon, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
28 active listings and 619 off-market properties in Vernon, TX. Commercial property asks $181/SF to buy and $4.99/SF/Yr to lease.
Market Trends
Vernon, TX spans 474.8 square miles in Wilbarger County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Vernon, 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 Vernon, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Vernon, 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 Vernon, 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 63.8%
- Commercial 16.7%
- Civic 10.4%
- Industrial 9%
- Planned_development 0.2%
Largest Zones share of zoned land by district
Single Family Residential
General Residential District
Community Facilities District
Single Family Residential
Heavy Industrial
Vernon, TX zones 4,980 acres across 12 districts. Commercial zoning covers 16.7% of zoned land, residential 63.8% and industrial 9%. The largest single district is Single Family Residential at 37.7%. For commercial buyers the practical constraint is that only 25.7% of land carries a commercial or industrial designation.
General Residential District (R-G)
RG, General Residential District purpose. The “RG,” General Residential District is intended to provide for both low and high-population density. It is established as a district in which the principal uses of the land are for multi-family dwellings and similar high-density residential development. The intent is to encourage the development and continued use…
Market overview
Demographics & Economy
Vernon, TX has 12,374 residents in 5,595 households. Density runs 26 people per square mile. Median household income here is $51,582 and median gross rent $859 a month.
12,374
Population
5,595
Households
2.2
Avg Household Size
39
Median Age
17%
College-Educated
81%
High-School Grad
474.8 sq mi
ZIP Area
26
Density / Sq Mi
$51,582
Median Household Income
$28,364
Median Earnings
$859
Median Rent
$101,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Oklaunion | — | — |
| Davidson | — | — |
| Harrold | — | — |
| Chillicothe | — | — |
Commercial property in Vernon, TX asks $181/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Vernon?
Commercial property in Vernon, TX asks an average of $181 per square foot.
How much does it cost to lease commercial space in Vernon?
Asking lease rates in Vernon, TX average $4.99 per square foot per year.
What zoning applies to commercial property in Vernon?
Vernon, TX zones 4,980 acres across 12 districts, of which 16.7% is commercial and 9% industrial. The largest single district is Single Family Residential at 37.7% of zoned land. Residential zoning covers 63.8% and open space 0%.
Where does Realmo's Vernon market data come from?
Realmo compiles Vernon, TX figures from 27 active sale listings, 1 active lease listings, 619 tracked off-market properties, the current Vernon 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 1 active for-lease listings in Vernon, 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: 4,980 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
