Commercial Real Estate Market in Oakton, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
18 active listings and 312 off-market properties in Oakton, VA.
Market Trends
Oakton, VA spans 10.3 square miles in Fairfax County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Oakton, 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 Oakton, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Oakton, 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 Oakton, 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
Oakton, VA has 18,488 residents in 7,049 households. Density runs 1,790 people per square mile. Median household income here is $216,712 and median gross rent $2,469 a month.
18,488
Population
7,049
Households
2.6
Avg Household Size
43
Median Age
81%
College-Educated
99%
High-School Grad
10.3 sq mi
ZIP Area
1,790
Density / Sq Mi
$216,712
Median Household Income
$114,420
Median Earnings
$2,469
Median Rent
$979,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Reston | — | $40.10 |
| Oak Hill | — | — |
| Merrifield | — | — |
| Tysons | — | — |
Commercial property in Oakton, VA asks $5,830/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Oakton?
Commercial property in Oakton, VA asks an average of $5,830 per square foot. The 4 most recent recorded sales traded at a median of $267/SF, so asking sits 2080% above the achieved median.
Where does Realmo's Oakton market data come from?
Realmo compiles Oakton, VA figures from 5 recent recorded sales, 14 active sale listings, 4 active lease listings, 312 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 14 active for-sale and 4 active for-lease listings in Oakton, 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
