Commercial Real Estate Market in Lakeville, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 73 off-market properties in Lakeville, CT.
Market Trends
Lakeville, CT spans 21.6 square miles in Litchfield County, Connecticut. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lakeville, 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 Lakeville, 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 Lakeville, 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 Lakeville, 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
Market overview
Demographics & Economy
Lakeville, CT has 2,357 residents in 1,098 households. Density runs 109 people per square mile. Median household income here is $98,882 and median gross rent $1,354 a month.
2,357
Population
1,098
Households
2.1
Avg Household Size
48
Median Age
60%
College-Educated
98%
High-School Grad
21.6 sq mi
ZIP Area
109
Density / Sq Mi
$98,882
Median Household Income
$50,642
Median Earnings
$1,354
Median Rent
$656,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Millerton | — | — |
| Salisbury | — | — |
| Cornwall | — | — |
| Ancramdale | — | — |
Frequently Asked Questions
Where does Realmo's Lakeville market data come from?
Realmo compiles Lakeville, CT figures from 8 recent recorded sales, 1 active lease listings, 73 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 0 active for-sale and 1 active for-lease listings in Lakeville, 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
