Commercial Real Estate Market in Farmington, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
59 active listings and 596 off-market properties in Farmington, CT. Commercial property asks $26/SF to buy and $19.09/SF/Yr to lease.
Market Trends
Farmington, CT spans 23.1 square miles in Hartford County, Connecticut. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Farmington, CT asks $153/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 Farmington, CT asks $137/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 Farmington, 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 Farmington, CT asks $159/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 73.3%
- Special 12.9%
- Industrial 6.4%
- Commercial 2.3%
- Mixed use 0.3%
- Open space 0.3%
- Agricultural 0.1%
Largest Zones share of zoned land by district
Residential 40
Residential 80
Flood Way
Residential 20
Residential 30
Farmington, CT zones 16,787 acres across 26 districts. Commercial zoning covers 2.3% of zoned land, residential 73.3%, open space 0.3% and industrial 6.4%. The largest single district is Residential 40 at 27.3%. For commercial buyers the practical constraint is that only 8.7% of land carries a commercial or industrial designation.
Residential 40 (R40)
The Intent of this to promote Residential Uses
Market overview
Demographics & Economy
Farmington, CT has 19,060 residents in 8,539 households. Density runs 826 people per square mile. Median household income here is $131,488 and median gross rent $1,828 a month.
19,060
Population
8,539
Households
2.2
Avg Household Size
45
Median Age
66%
College-Educated
96%
High-School Grad
23.1 sq mi
ZIP Area
826
Density / Sq Mi
$131,488
Median Household Income
$70,388
Median Earnings
$1,828
Median Rent
$419,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Unionville | — | — |
| Plainville | — | $38.70 |
| New Britain | — | $14.60 |
| Avon | — | $21.47 |
Commercial property in Farmington, CT asks $26/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Farmington?
Commercial property in Farmington, CT asks an average of $26 per square foot. The 3 most recent recorded sales traded at a median of $1,037/SF. Multifamily carries the highest asking price at $159/SF.
How much does it cost to lease commercial space in Farmington?
Asking lease rates in Farmington, CT average $19.09 per square foot per year.
What zoning applies to commercial property in Farmington?
Farmington, CT zones 16,787 acres across 26 districts, of which 2.3% is commercial and 6.4% industrial. The largest single district is Residential 40 at 27.3% of zoned land. The Intent of this to promote Residential Uses Residential zoning covers 73.3% and open space 0.3%.
Where does Realmo's Farmington market data come from?
Realmo compiles Farmington, CT figures from 6 recent recorded sales, 16 active sale listings, 43 active lease listings, 596 tracked off-market properties, the current Farmington zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 16 active for-sale and 43 active for-lease listings in Farmington, 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: 16,787 zoned acres across 26 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
