Commercial Real Estate Market in Kensington, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
48 active listings and 590 off-market properties in Kensington, CT. Commercial property asks $192/SF to buy and $15.13/SF/Yr to lease.
Market Trends
Kensington, CT spans 25.5 square miles in Hartford County, Connecticut. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Kensington, 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 Kensington, 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 Kensington, 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 Kensington, 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
Market overview
Demographics & Economy
Kensington, CT has 18,855 residents in 7,894 households. Density runs 740 people per square mile. Median household income here is $110,443 and median gross rent $1,429 a month.
18,855
Population
7,894
Households
2.4
Avg Household Size
48
Median Age
44%
College-Educated
93%
High-School Grad
25.5 sq mi
ZIP Area
740
Density / Sq Mi
$110,443
Median Household Income
$60,018
Median Earnings
$1,429
Median Rent
$345,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| New Britain | — | $14.60 |
| East Berlin | — | — |
| Southington | — | $17.45 |
| Plainville | — | $38.70 |
Commercial property in Kensington, CT asks $192/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Kensington?
Commercial property in Kensington, CT asks an average of $192 per square foot. The 6 most recent recorded sales traded at a median of $246/SF. Multifamily carries the highest asking price at $159/SF.
How much does it cost to lease commercial space in Kensington?
Asking lease rates in Kensington, CT average $15.13 per square foot per year.
Where does Realmo's Kensington market data come from?
Realmo compiles Kensington, CT figures from 6 recent recorded sales, 24 active sale listings, 24 active lease listings, 590 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 24 active for-sale and 24 active for-lease listings in Kensington, 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 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
