Commercial Real Estate Market in Cornwall, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
4 active listings and 28 off-market properties in Cornwall, CT.
Market Trends
Cornwall, CT spans 2.7 square miles in Litchfield County, Connecticut. Figures below refresh monthly; last updated 31 October 2026.
Office
Across Litchfield County, office space asks $124/SF to buy. Office vacancy in Cornwall, CT runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Retail vacancy in Cornwall, CT 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 Cornwall, 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%.
Multifamily
Across Litchfield County, multifamily space asks $155/SF to buy. Multifamily vacancy in Cornwall, CT runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 100%
- Civic 0%
Largest Zones share of zoned land by district
Cornwall, CT zones 29,828 acres across 4 districts. The largest single district is Residential Five Acre at 71.4%.
R5 Residential - Five Acre CP Cornwall Plains Overlay Zones Private Road Parcel Boundary State Highway Paved Road Unpaved Road Forest Road Housatonic River Cream Hill Lake Mohawk Pond Clark Pond HurlburtRd Zoning MaS Cornwall, CT 4 3.1 General Rules When there is a question associated with the meaning of a word contained within the regulations, the Commiss…
Market overview
Demographics & Economy
Cornwall, CT has 103 residents in 49 households. Density runs 38 people per square mile.
Tools
Nearby Markets
Commercial property in Cornwall, CT asks $157/SF. The 2 bordering markets run from $139/SF in Canaan to $201/SF in Salisbury, and the city sits below their $170/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Cornwall?
How does Cornwall compare to nearby markets on price?
What zoning applies to commercial property in Cornwall?
Where does Realmo's Cornwall market data come from?
Methodology & data sources
- Asking prices and medians
- There are 4 active for-sale and 0 active for-lease listings in Cornwall, CT. The sale median is based on 4 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 29,828 zoned acres across 4 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 31 October 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 31 October 2026 · How Realmo checks market page data · Report a data issue
