Goodyear, AZ
Commercial Real Estate Market Trends & Data

Goodyear's Demographic Profile

Goodyear has 39,177 households and a median income of $98,800, providing context for rent absorption and tenant demand across retail and multifamily assets. A +11% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 112,174
# Households 39,177
Median age 41
Median household income $98,800
Avg household size 3.0
Renter-occupied housing units 8,593
5-year population change +11%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Goodyear, AZ

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Nearby Retail Markets Avg Cost/SF Typical Size
Goodyear $346 24,403 SF
Avondale $560 37,601 SF
Cashion $283 3,362 SF
Tolleson $560 44,765 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Goodyear $159 56,842 SF 7.26%
Avondale $113 56,842 SF 7.26%
Glendale $327 36,877 SF 6.44%
Tempe $294 31,865 SF 6.47%
Phoenix $307 25,543 SF 8.22%

Commercial Properties For Sale in Goodyear

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Litchfield Rd

Buckeye, AZ 85326

  • 160 AC Lot
  • 1 Residential Income Lot
  • $1,416,000
For Sale

Executive Suites Goodyear

Goodyear, AZ 85395

  • 3,850 SF Office Building
  • $1,015 - $1,250
For Sale

4354 N Cotton Ln

Goodyear, AZ 85338

  • 7,390 SF Industrial Building
  • $2,500,000
For Sale

Crystal Cove Apartments

Avondale, AZ 85323

  • 10.59 AC Lot
  • 1 Commercial Lot
  • $6,250,000
For Sale

Suites 203-204

Litchfield Park, AZ 85340

  • 29,000 SF Retail Building
  • $895,000
For Sale

McDowell Professional Plaza

Goodyear, AZ 85395

  • 14,875 SF Office Building
  • $5,250,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Goodyear pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Goodyear $230 27,217 SF
Avondale $530 58,584 SF
Cashion $283 3,362 SF
Laveen $377 7,650 SF

Regional Demographic Comparison

This comparison places Goodyear alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Goodyear or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Goodyear 112,174 39,177 41 $98,800 3 8,593 11%
Avondale 93,127 28,343 33 $73,101 3 11,196 7%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Goodyear, AZ and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Goodyear

View All Commercial Real Estate For Sale in Goodyear
Is Goodyear a good market for a first-time commercial real estate investor?

Goodyear offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Goodyear?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Goodyear. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Goodyear?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Goodyear. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Goodyear compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Goodyear. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Goodyear acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Goodyear, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.