Commercial Real Estate Market in Derby, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
34 active listings and 280 off-market properties in Derby, CT. Commercial property asks $150/SF to buy and $18.37/SF/Yr to lease.
Market Trends
Derby, CT spans 5.0 square miles in New Haven County, Connecticut. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Derby, CT asks $126/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Derby, CT asks $155/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%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Derby, 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 Derby, CT asks $189/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 46.5%
- Civic 19.8%
- Industrial 14.4%
- Commercial 10.1%
- Open space 9.3%
Largest Zones share of zoned land by district
Open Space Zone
Single Family Residential
Two Family Residential
Industrial Campus Zone
Parks
Derby, CT zones 2,907 acres across 14 districts. Commercial zoning covers 10.1% of zoned land, residential 46.5%, open space 9.3% and industrial 14.4%. The largest single district is Open Space Zone at 19.5%. For commercial buyers the practical constraint is that only 24.5% of land carries a commercial or industrial designation.
Open Space Zone (OS)
Open Space Zone (OS Zone) § 195-8(A). Zoning Map. (Amended 08/09/2019) A. The boundaries of such distric ts and special building lines are hereby established as shown on the map entitled "Zoning Map, City of Derby," which map is annexed to, and is hereby adopted and declared to be a part of this regulation and is hereinafter referred to as the "Zoning Map."…
Market overview
Demographics & Economy
Derby, CT has 12,297 residents in 6,086 households. Density runs 2,436 people per square mile. Median household income here is $75,718 and median gross rent $1,453 a month.
12,297
Population
6,086
Households
2
Avg Household Size
42
Median Age
33%
College-Educated
89%
High-School Grad
5 sq mi
ZIP Area
2,436
Density / Sq Mi
$75,718
Median Household Income
$50,708
Median Earnings
$1,453
Median Rent
$243,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ansonia | — | $15.29 |
| Huntington | — | $18.15 |
| Orange | — | $18.94 |
| Seymour | — | $27.15 |
Commercial property in Derby, CT asks $150/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Derby?
Commercial property in Derby, CT asks an average of $150 per square foot. The 7 most recent recorded sales traded at a median of $88/SF, so asking sits 71% above the achieved median. Multifamily carries the highest asking price at $189/SF.
How much does it cost to lease commercial space in Derby?
Asking lease rates in Derby, CT average $18.37 per square foot per year.
What zoning applies to commercial property in Derby?
Derby, CT zones 2,907 acres across 14 districts, of which 10.1% is commercial and 14.4% industrial. The largest single district is Open Space Zone at 19.5% of zoned land. Open Space Zone (OS Zone) § 195-8(A). Zoning Map. (Amended 08/09/2019) A. The boundaries of such distric ts and special building lines are hereby established as shown on the map entitled "Zoning Map, City of Derby," which map is annexed to, and is hereby adopted and declared to be a part of this regulation and is hereinafter referred to as the "Zoning Map."… Residential zoning covers 46.5% and open space 9.3%.
Where does Realmo's Derby market data come from?
Realmo compiles Derby, CT figures from 8 recent recorded sales, 22 active sale listings, 12 active lease listings, 280 tracked off-market properties, the current Derby zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 22 active for-sale and 12 active for-lease listings in Derby, 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: 2,907 zoned acres across 14 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
