Commercial Real Estate Market in Walla Walla, WA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
61 active listings and 1,705 off-market properties in Walla Walla, WA. Commercial property asks $150/SF to buy and $28.00/SF/Yr to lease.
Market Trends
Walla Walla, WA spans 303.1 square miles in Walla Walla County, Washington. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Walla Walla, WA runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Walla Walla, WA runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Walla Walla, 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 Walla Walla, WA runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Market overview
Demographics & Economy
Walla Walla, WA has 43,249 residents in 18,022 households. Density runs 143 people per square mile. Median household income here is $70,660 and median gross rent $1,148 a month.
43,249
Population
18,022
Households
2.4
Avg Household Size
40
Median Age
31%
College-Educated
90%
High-School Grad
303.1 sq mi
ZIP Area
143
Density / Sq Mi
$70,660
Median Household Income
$37,236
Median Earnings
$1,148
Median Rent
$398,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Milton Freewater | — | — |
| Milton-Freewater | — | — |
Commercial property in Walla Walla, WA asks $150/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Walla Walla?
Commercial property in Walla Walla, WA asks an average of $150 per square foot. The 5 most recent recorded sales traded at a median of $111/SF, so asking sits 36% above the achieved median.
How much does it cost to lease commercial space in Walla Walla?
Asking lease rates in Walla Walla, WA average $28.00 per square foot per year.
Where does Realmo's Walla Walla market data come from?
Realmo compiles Walla Walla, WA figures from 6 recent recorded sales, 49 active sale listings, 12 active lease listings, 1,705 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 49 active for-sale and 12 active for-lease listings in Walla Walla, 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.
- 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 · report a data issue
