Commercial Real Estate Market in Connecticut
Connecticut has 3,024 active for-sale listings and 3,566 active for-lease listings. Statewide, the median asking price is $177/SF and the median asking rent is $18.00/SF/Yr as of November 2026. Realmo tracks 92 city markets here; among the 40 with enough listings to rank, median asking prices range from $108/SF in Wapping to $380/SF in Stamford.
- Median asking price
- $177/SF
- Median asking rent
- $18.00/SF/Yr
- For-sale listings
- 3,024
- For-lease listings
- 3,566
- City markets
- 92
Highest- and Lowest-Priced Markets
Asking prices vary across Connecticut: the median in Stamford is $380/SF, 3.5x the $108/SF median in Wapping. The figures below are median asking prices from live listings, not closed sales.
Asking Prices
The highest median asking prices are in Stamford at $380/SF, Milford at $323/SF and Branford at $301/SF. The lowest median asking prices are in Wapping at $108/SF, Fenwick at $116/SF and Putnam at $116/SF. 18 of 40 ranked markets have median asking prices above the statewide $177/SF.
Asking Rents
The highest median asking rents are in Stonington at $32.08/SF/Yr, Stamford at $27.72/SF/Yr and Ridgefield at $27.00/SF/Yr. The lowest median asking rents are in Waterbury at $13.22/SF/Yr, Danbury at $14.00/SF/Yr and Litchfield at $14.51/SF/Yr. 15 of 41 ranked markets have median asking rents above the statewide $18.00/SF/Yr.
Connecticut vs. Neighboring States
The median asking price in Connecticut is $177/SF, below the $274/SF median of its 3 neighboring states. By median asking price, the state is the lowest of the 4 in the group. The median asking rent is $18.00/SF/Yr, compared with $22.66/SF/Yr in New York, $21.62/SF/Yr in Massachusetts and $18.00/SF/Yr in Rhode Island next door. The statewide median asking price is in line with the U.S. median of $178/SF.
| State | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr | For-Sale Listings | For-Lease Listings |
|---|---|---|---|---|
| Connecticut | $177 | $18.00 | 3,024 | 3,566 |
| Massachusetts | $274 | $21.62 | 6,422 | 6,381 |
| New York | $292 | $22.66 | 25,693 | 11,512 |
| Rhode Island | $217 | $18.00 | 1,710 | 647 |
| United States | $178 | $18.28 | 265,785 | 185,367 |
A dash means fewer than 10 listings with a usable price.
Commercial Real Estate Markets in Connecticut
Realmo tracks 92 city markets in Connecticut; the 40 with the most active listings are listed below. New Haven leads with 619 active listings, followed by Hartford and Bridgeport.
| City | Active Listings | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|---|
| New Haven | 619 | $185 | $18.00 |
| Hartford | 579 | $136 | $18.00 |
| Bridgeport | 433 | $203 | $18.00 |
| Waterbury | 368 | $145 | $13.22 |
| Stamford | 240 | $380 | $27.72 |
| Norwalk | 171 | $291 | $25.67 |
| Meriden | 155 | $155 | $17.78 |
| Middletown | 145 | $164 | $16.00 |
| Danbury | 132 | $236 | $14.00 |
| New Britain | 124 | $155 | $18.95 |
| Norwich | 123 | $148 | $15.99 |
| Torrington | 116 | $153 | $15.33 |
| Enfield | 101 | $188 | $18.00 |
| Manchester | 98 | $145 | $23.20 |
| Wallingford | 97 | $200 | $15.23 |
| Bristol | 94 | $186 | — |
| Huntington | 77 | — | $17.80 |
| Greenwich | 74 | $660 | — |
| Southington | 74 | $153 | $20.00 |
| Windsor | 74 | — | $17.25 |
| Stratford | 69 | $208 | $17.00 |
| Fenwick | 67 | $116 | $16.00 |
| Union City | 66 | $145 | $15.00 |
| Vernon | 64 | $136 | $16.00 |
| Wapping | 64 | $108 | $17.60 |
| Branford | 62 | $301 | $20.00 |
| North Haven | 58 | — | $16.80 |
| Milford | 55 | $323 | — |
| Groton | 53 | $222 | $18.00 |
| Watertown | 50 | $200 | — |
| Northville | 49 | — | $16.20 |
| Farmington | 47 | — | $20.00 |
| Orange | 47 | — | $20.00 |
| Plainville | 47 | — | $14.55 |
| East Windsor | 46 | — | $16.00 |
| Fairfield | 45 | — | — |
| Litchfield | 45 | — | $14.51 |
| Ridgefield | 45 | $175 | $27.00 |
| Glastonbury | 44 | — | $26.00 |
| North Windham | 44 | $170 | $25.00 |
Same method as the statewide figures. A dash means fewer than 10 listings with a usable price.
Frequently Asked Questions
What is the median price per square foot for commercial property in Connecticut?
How much does it cost to lease commercial space in Connecticut?
Which cities have the highest and lowest commercial property prices?
How do commercial property prices in Connecticut compare with neighboring states?
Which markets in Connecticut have the most active listings?
Where does Realmo's market data come from?
Methodology and Data Sources
- Listing coverage
- Asking figures come from 3,024 active for-sale and 3,566 active for-lease listings across Connecticut in Realmo's public listing index. They are asking prices, not closed-transaction prices. Sale and lease counts are separate and may overlap. Land listings are not counted. The medians are based on the 1,919 for-sale and 1,254 for-lease listings that state a price or rent per square foot.
- Asking prices and rents
- Prices are medians of each listing's asking price per square foot, so a few very high or very low listings do not skew them. Data-entry errors are left out, and a median is published only with at least 10 listings with a usable price. A listing with a price range can contribute both endpoints.
- Neighboring states
- Neighboring-state comparisons use the same method and the same snapshot for every state, plus the United States as a reference.
- City markets
- The city list includes cities with more than 3 active listings whose market page has enough data to publish, ordered by active listings, up to 40. The price ranking covers cities with at least 10 priced listings for each metric and leaves out a city more than three times above or below the statewide median. City counts and prices use the same method as the statewide figures, so the table compares like with like; a city's own market page uses its own method, so its figures can differ.
- Updates
- Statewide and neighboring-state figures refresh hourly and city figures daily. Last updated 6 November 2026.
