Commercial Real Estate Market in Shelton, WA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
49 active listings and 961 off-market properties in Shelton, WA.
Market Trends
Shelton, WA spans 359.5 square miles in Mason County, Washington. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Shelton, WA runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Shelton, WA runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Shelton, 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 Shelton, 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 51.9%
- Industrial 23.7%
- Commercial 15.5%
- Mixed use 1.3%
Largest Zones share of zoned land by district
Neighborhood Residential
Industrial
Commercial And Residential Goose Lake
Medical And Educational
Downtown
Shelton, WA zones 3,006 acres across 11 districts. Commercial zoning covers 15.5% of zoned land, residential 51.9% and industrial 23.7%. The largest single district is Neighborhood Residential at 51.5%. For commercial buyers the practical constraint is that only 39.2% of land carries a commercial or industrial designation.
Neighborhood Residential (NR)
Neighborhood Residential District. Nonresidential uses in the NR zone, including churches, schools, and uses in the neighborhood commercial nodes, are allowed signage subject to the following provisions: 1. All signs shall be constructed of a natural material such as wood or stone and shall not be internally illuminated. 2. Ground Signs. Ground signs shall b…
Market overview
Demographics & Economy
Shelton, WA has 39,266 residents in 17,402 households. Density runs 109 people per square mile. Median household income here is $73,149 and median gross rent $1,250 a month.
39,266
Population
17,402
Households
2.3
Avg Household Size
43
Median Age
21%
College-Educated
89%
High-School Grad
359.5 sq mi
ZIP Area
109
Density / Sq Mi
$73,149
Median Household Income
$41,593
Median Earnings
$1,250
Median Rent
$365,200
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Shelton?
Commercial property in Shelton, WA asks an average of $89 per square foot. The 6 most recent recorded sales traded at a median of $454/SF.
What zoning applies to commercial property in Shelton?
Shelton, WA zones 3,006 acres across 11 districts, of which 15.5% is commercial and 23.7% industrial. The largest single district is Neighborhood Residential at 51.5% of zoned land. Neighborhood Residential District. Nonresidential uses in the NR zone, including churches, schools, and uses in the neighborhood commercial nodes, are allowed signage subject to the following provisions: 1. All signs shall be constructed of a natural material such as wood or stone and shall not be internally illuminated. 2. Ground Signs. Ground signs shall b… Residential zoning covers 51.9% and open space 0%.
Where does Realmo's Shelton market data come from?
Realmo compiles Shelton, WA figures from 6 recent recorded sales, 45 active sale listings, 4 active lease listings, 961 tracked off-market properties, the current Shelton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 45 active for-sale and 4 active for-lease listings in Shelton, 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: 3,006 zoned acres across 11 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
