Commercial Real Estate Market in Lisbon, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
7 active listings and 190 off-market properties in Lisbon, CT.
Market Trends
Lisbon, CT spans 52.5 square miles in New London County, Connecticut. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Lisbon, CT runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
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%.
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%.
Multifamily
Across New London County, multifamily space asks $291/SF to buy. Multifamily vacancy in Lisbon, CT runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
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
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.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Plainfield | $133 | $12.00 |
| Norwich | $145 | $15.97 |
Commercial property in Lisbon, CT asks $131/SF. The 2 bordering markets run from $133/SF in Plainfield to $145/SF in Norwich, and the city sits below their $139/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Lisbon?
How does Lisbon compare to nearby markets on price?
What zoning applies to commercial property in Lisbon?
Where does Realmo's Lisbon market data come from?
Methodology & data sources
- Asking prices and medians
- There are 5 active for-sale and 2 active for-lease listings in Lisbon, CT. The sale median is based on 4 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
