Commercial Real Estate Market in Bethany, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
674 active listings and 5,552 off-market properties in Bethany, CT. Commercial property asks $155/SF to buy and $17.92/SF/Yr to lease.
Market Trends
Bethany, CT spans 21.1 square miles in New Haven County, Connecticut. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Bethany, CT asks $24.94/SF/Yr to lease and $237/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Retail space in Bethany, CT asks $10.03/SF/Yr to lease and $172/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Bethany, CT runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Bethany, CT asks $187/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 97.1%
- Industrial 2.9%
Largest Zones share of zoned land by district
Residential
Residential
Business And Industrial
Bethany, CT zones 12,899 acres across 3 districts. The largest single district is Residential at 50.7%. For commercial buyers the practical constraint is that only 2.9% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Bethany, CT has 5,297 residents in 1,846 households. Density runs 251 people per square mile. Median household income here is $153,879 and median gross rent $1,500 a month.
5,297
Population
1,846
Households
2.9
Avg Household Size
48
Median Age
59%
College-Educated
97%
High-School Grad
21.1 sq mi
ZIP Area
251
Density / Sq Mi
$153,879
Median Household Income
$72,144
Median Earnings
$1,500
Median Rent
$418,900
Median Home Value
Tools
Lease vs Buy Breakeven
At $17.92/SF/Yr lease vs $155/SF buy → buying wins if held > 1.1 years.
At a 11.6% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| New Haven | — | $17.92 |
| Seymour | — | $27.60 |
| Union City | — | $15.22 |
Commercial property in Bethany, CT asks $155/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Bethany?
Commercial property in Bethany, CT asks an average of $155 per square foot. The 7 most recent recorded sales traded at a median of $234/SF. Office carries the highest asking price at $237/SF.
How much does it cost to lease commercial space in Bethany?
Asking lease rates in Bethany, CT average $17.92 per square foot per year. Office asks $24.94/SF/Yr as of Q2 26, up from $20.52/SF/Yr in Q1 26.
Is it cheaper to lease or buy commercial space in Bethany?
Buying beats leasing in Bethany, CT if the property is held longer than 1.1 years, comparing $17.92/SF/Yr asking rent with $155/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
What zoning applies to commercial property in Bethany?
Bethany, CT zones 12,899 acres across 3 districts, of which 0% is commercial and 2.9% industrial. The largest single district is Residential at 50.7% of zoned land. Residential zoning covers 97.1% and open space 0%.
Where does Realmo's Bethany market data come from?
Realmo compiles Bethany, CT figures from 8 recent recorded sales, 374 active sale listings, 300 active lease listings, 5,552 tracked off-market properties, the current Bethany zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 374 active for-sale and 300 active for-lease listings in Bethany, CT. 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: 12,899 zoned acres across 3 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 Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast 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
