Commercial Real Estate Market in Cedar City, UT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
611 active listings and 1,516 off-market properties in Cedar City, UT. Commercial property asks $6/SF to buy and $31.95/SF/Yr to lease.
Market Trends
Cedar City, UT spans 528.4 square miles in Iron County, Utah. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Cedar City, UT runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Cedar City, UT runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Cedar City, UT runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in Cedar City, UT asks $205/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Market overview
Demographics & Economy
Cedar City, UT has 50,936 residents in 18,622 households. Density runs 96 people per square mile. Median household income here is $68,893 and median gross rent $1,009 a month.
50,936
Population
18,622
Households
2.7
Avg Household Size
28
Median Age
32%
College-Educated
94%
High-School Grad
528.4 sq mi
ZIP Area
96
Density / Sq Mi
$68,893
Median Household Income
$30,345
Median Earnings
$1,009
Median Rent
$350,747
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Enoch | — | — |
| Kanarraville | — | — |
| Summit | — | — |
Commercial property in Cedar City, UT asks $6/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cedar City?
Commercial property in Cedar City, UT asks an average of $6 per square foot. Multifamily carries the highest asking price at $205/SF.
How much does it cost to lease commercial space in Cedar City?
Asking lease rates in Cedar City, UT average $31.95 per square foot per year.
Where does Realmo's Cedar City market data come from?
Realmo compiles Cedar City, UT figures from 555 active sale listings, 56 active lease listings, 1,516 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 555 active for-sale and 56 active for-lease listings in Cedar City, UT. 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 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West 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 30 September 2026 · report a data issue
