Commercial Real Estate Market in Cornwall, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
9 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 August 2026.
Office
Office vacancy in Cornwall, CT runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
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%.
Vacancy Rate % in Northeast region
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%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Cornwall, CT asks $147/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 100%
- Civic 0%
Largest Zones share of zoned land by district
Residential Five Acre
Residential Three Acre
Residential One Acre
Cornwall Plains
Cornwall, CT zones 29,828 acres across 4 districts. The largest single district is Residential Five Acre at 71.4%.
Residential Five Acre (R5)
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.
103
Population
49
Households
2.1
Avg Household Size
60
Median Age
51%
College-Educated
100%
High-School Grad
2.7 sq mi
ZIP Area
38
Density / Sq Mi
$0
Median Household Income
$67,917
Median Earnings
$0
Median Rent
$0
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Goshen | — | — |
| Lakeville | — | — |
| East Canaan | — | — |
| West Woods | — | $9.81 |
Commercial property in Cornwall, CT asks $333/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cornwall?
Commercial property in Cornwall, CT asks an average of $333 per square foot. Multifamily carries the highest asking price at $147/SF.
What zoning applies to commercial property in Cornwall?
Cornwall, CT zones 29,828 acres across 4 districts, of which 0% is commercial and 0% industrial. The largest single district is Residential Five Acre at 71.4% of zoned land. 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… Residential zoning covers 100% and open space 0%.
Where does Realmo's Cornwall market data come from?
Realmo compiles Cornwall, CT figures from 9 active sale listings, 28 tracked off-market properties, the current Cornwall zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 9 active for-sale and 0 active for-lease listings in Cornwall, 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: 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 August 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 August 2026 · report a data issue
