Commercial Real Estate Market in Lisbon, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
23 active listings and 190 off-market properties in Lisbon, CT. Commercial property asks $351/SF to buy and $9.00/SF/Yr to lease.
Market Trends
Lisbon, CT spans 52.5 square miles in New London County, Connecticut. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lisbon, 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 Lisbon, 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 Lisbon, 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 Lisbon, CT asks $177/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 92%
- Industrial 6.9%
- Commercial 1.2%
Largest Zones share of zoned land by district
Low Density Residential District
Moderate Density Residential District
Rural Residential District
Industrial
Industrial District
Lisbon, CT zones 10,299 acres across 9 districts. Commercial zoning covers 1.2% of zoned land, residential 92% and industrial 6.9%. The largest single district is Low Density Residential District at 36.4%. For commercial buyers the practical constraint is that only 8% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Lisbon, 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 |
|---|---|---|
| Versailles | — | — |
| Hanover | — | — |
| Taftville | — | — |
| North Franklin | — | — |
Commercial property in Lisbon, CT asks $351/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lisbon?
Commercial property in Lisbon, CT asks an average of $351 per square foot. The 4 most recent recorded sales traded at a median of $137/SF, so asking sits 157% above the achieved median. Multifamily carries the highest asking price at $177/SF.
How much does it cost to lease commercial space in Lisbon?
Asking lease rates in Lisbon, CT average $9.00 per square foot per year.
What zoning applies to commercial property in Lisbon?
Lisbon, CT zones 10,299 acres across 9 districts, of which 1.2% is commercial and 6.9% industrial. The largest single district is Low Density Residential District at 36.4% of zoned land. Residential zoning covers 92% and open space 0%.
Where does Realmo's Lisbon market data come from?
Realmo compiles Lisbon, CT figures from 6 recent recorded sales, 21 active sale listings, 2 active lease listings, 190 tracked off-market properties, the current Lisbon zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 21 active for-sale and 2 active for-lease listings in Lisbon, 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: 10,299 zoned acres across 9 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, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- 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
