Commercial Real Estate Market in Price, UT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
31 active listings and 18 off-market properties in Price, UT.
Market Trends
Price, UT spans 215.6 square miles in Carbon County, Utah. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Price, UT runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Price, UT runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Price, 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 vacancy in Price, UT runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 60.3%
- Commercial 24.1%
- Civic 8.9%
- Industrial 6.7%
Largest Zones share of zoned land by district
General Commercial
Multiple Residential
Single Family
Single Family
Rural Residential
Price, UT zones 3,231 acres across 12 districts. Commercial zoning covers 24.1% of zoned land, residential 60.3% and industrial 6.7%. The largest single district is General Commercial at 24.1%. For commercial buyers the practical constraint is that only 30.8% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Price, UT has 13,111 residents in 5,459 households. Density runs 61 people per square mile. Median household income here is $53,256 and median gross rent $840 a month.
13,111
Population
5,459
Households
2.4
Avg Household Size
37
Median Age
20%
College-Educated
93%
High-School Grad
215.6 sq mi
ZIP Area
61
Density / Sq Mi
$53,256
Median Household Income
$30,709
Median Earnings
$840
Median Rent
$212,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Wellington | — | — |
| Helper | — | — |
Commercial property in Price, UT asks $21/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Price?
Commercial property in Price, UT asks an average of $21 per square foot.
What zoning applies to commercial property in Price?
Price, UT zones 3,231 acres across 12 districts, of which 24.1% is commercial and 6.7% industrial. The largest single district is General Commercial at 24.1% of zoned land. Residential zoning covers 60.3% and open space 0%.
Where does Realmo's Price market data come from?
Realmo compiles Price, UT figures from 31 active sale listings, 18 tracked off-market properties, the current Price zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 31 active for-sale and 0 active for-lease listings in Price, 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.
- Zoning and land use
- The current municipal zoning release: 3,231 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 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 · How Realmo checks market page data · Report a data issue
