Commercial Real Estate Market in Marshall, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
14 active listings and 231 off-market properties in Marshall, VA.
Market Trends
Marshall, VA spans 98.6 square miles in Fauquier County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Marshall, VA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Marshall, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Marshall, VA 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 Marshall, VA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Marshall, VA has 6,536 residents in 3,134 households. Density runs 66 people per square mile. Median household income here is $142,500 and median gross rent $1,897 a month.
6,536
Population
3,134
Households
2.1
Avg Household Size
45
Median Age
36%
College-Educated
91%
High-School Grad
98.6 sq mi
ZIP Area
66
Density / Sq Mi
$142,500
Median Household Income
$50,431
Median Earnings
$1,897
Median Rent
$657,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hume | — | — |
| Rectortown | — | — |
| Orlean | — | — |
| Delaplane | — | — |
Commercial property in Marshall, VA asks $2,998/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Marshall?
Commercial property in Marshall, VA asks an average of $2,998 per square foot. The 4 most recent recorded sales traded at a median of $222/SF, so asking sits 1253% above the achieved median.
Where does Realmo's Marshall market data come from?
Realmo compiles Marshall, VA figures from 8 recent recorded sales, 13 active sale listings, 1 active lease listings, 231 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 13 active for-sale and 1 active for-lease listings in Marshall, VA. 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 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
