Commercial Real Estate Market in Saint George, UT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
490 active listings and 2,962 off-market properties in Saint George, UT. Commercial property asks $29/SF to buy and $17.39/SF/Yr to lease.
Market Trends
Saint George, UT spans 120.4 square miles in Washington County, Utah. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Saint George, UT runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail space in Saint George, UT asks $150/SF to buy. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Industrial
Industrial vacancy in Saint George, 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 Saint George, UT asks $275/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
Saint George, UT has 97,487 residents in 42,129 households. Density runs 810 people per square mile. Median household income here is $77,710 and median gross rent $1,482 a month.
97,487
Population
42,129
Households
2.3
Avg Household Size
37
Median Age
34%
College-Educated
94%
High-School Grad
120.4 sq mi
ZIP Area
810
Density / Sq Mi
$77,710
Median Household Income
$37,044
Median Earnings
$1,482
Median Rent
$458,078
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Saint George?
Commercial property in Saint George, UT asks an average of $29 per square foot. Multifamily carries the highest asking price at $275/SF.
How much does it cost to lease commercial space in Saint George?
Asking lease rates in Saint George, UT average $17.39 per square foot per year.
Where does Realmo's Saint George market data come from?
Realmo compiles Saint George, UT figures from 353 active sale listings, 137 active lease listings, 2,962 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 353 active for-sale and 137 active for-lease listings in Saint George, 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 · How Realmo checks market page data · Report a data issue
