OfficeVacancy News & Analysis

Medical Office Properties Show 67% Appreciation Since 2024

Since 2024, 67% of nearly 500 medical office properties have appreciated in value, compared to 52% for general office properties. Medical office space accounted for 26.2% of office starts in 2025, rising from 11.0% in 2020. National office vacancy was at 17.7% in July 2026, and office-using employment fell by 0.2% year-over-year. These trends highlight the resilience of healthcare real estate, driven by demographic changes and essential service needs. This information is significant for investors as it suggests potential stability and growth in medical office investments amidst wider office market challenges.