Commercial Real Estate Market in Kelso, WA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
56 active listings and 474 off-market properties in Kelso, WA.
Market Trends
Kelso, WA spans 134.6 square miles in Cowlitz County, Washington. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Kelso, WA runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Kelso, WA runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Kelso, WA 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 Kelso, WA 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 55.8%
- Open space 18.4%
- Industrial 17.8%
- Commercial 8.1%
Largest Zones share of zoned land by district
Residentail Single Family 10000 Square Feet
Open Space
Residentail Single Family 5000 Square Feet
Light Industrial
Residentail Multi Family
Kelso, WA zones 3,286 acres across 10 districts. Commercial zoning covers 8.1% of zoned land, residential 55.8%, open space 18.4% and industrial 17.8%. The largest single district is Residentail Single Family 10000 Square Feet at 30.3%. For commercial buyers the practical constraint is that only 25.9% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Kelso, WA has 26,291 residents in 10,642 households. Density runs 195 people per square mile. Median household income here is $70,058 and median gross rent $1,169 a month.
26,291
Population
10,642
Households
2.5
Avg Household Size
39
Median Age
15%
College-Educated
90%
High-School Grad
134.6 sq mi
ZIP Area
195
Density / Sq Mi
$70,058
Median Household Income
$40,996
Median Earnings
$1,169
Median Rent
$339,800
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Kelso?
Commercial property in Kelso, WA asks an average of $392 per square foot. The 5 most recent recorded sales traded at a median of $122/SF, so asking sits 220% above the achieved median.
What zoning applies to commercial property in Kelso?
Kelso, WA zones 3,286 acres across 10 districts, of which 8.1% is commercial and 17.8% industrial. The largest single district is Residentail Single Family 10000 Square Feet at 30.3% of zoned land. Residential zoning covers 55.8% and open space 18.4%.
Where does Realmo's Kelso market data come from?
Realmo compiles Kelso, WA figures from 7 recent recorded sales, 53 active sale listings, 3 active lease listings, 474 tracked off-market properties, the current Kelso zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 53 active for-sale and 3 active for-lease listings in Kelso, WA. 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: 3,286 zoned acres across 10 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, industrial vacancy is reported at West 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 30 September 2026 · report a data issue
