Commercial Real Estate Market in Jewett City, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
203 active listings and 1,413 off-market properties in Jewett City, CT. Commercial property asks $81/SF to buy and $15.24/SF/Yr to lease.
Market Trends
Jewett City, CT spans 52.5 square miles in New London County, Connecticut. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Jewett City, CT runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail space in Jewett City, CT asks $305/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 Jewett City, 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 Jewett City, CT asks $229/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
Market overview
Demographics & Economy
Jewett City, CT has 15,609 residents in 6,864 households. Density runs 297 people per square mile. Median household income here is $84,107 and median gross rent $1,115 a month.
15,609
Population
6,864
Households
2.3
Avg Household Size
44
Median Age
19%
College-Educated
93%
High-School Grad
52.5 sq mi
ZIP Area
297
Density / Sq Mi
$84,107
Median Household Income
$46,649
Median Earnings
$1,115
Median Rent
$276,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Norwich | — | $15.24 |
| Plainfield | — | $23.38 |
| Lisbon | — | — |
| North Stonington | — | — |
Commercial property in Jewett City, CT asks $81/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Jewett City?
Commercial property in Jewett City, CT asks an average of $81 per square foot. The 5 most recent recorded sales traded at a median of $80/SF, so asking sits 1% above the achieved median. Retail carries the highest asking price at $305/SF.
How much does it cost to lease commercial space in Jewett City?
Asking lease rates in Jewett City, CT average $15.24 per square foot per year.
Where does Realmo's Jewett City market data come from?
Realmo compiles Jewett City, CT figures from 6 recent recorded sales, 145 active sale listings, 58 active lease listings, 1,413 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 145 active for-sale and 58 active for-lease listings in Jewett City, 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.
- 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
