Commercial Real Estate Market in Middletown, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
142 active listings and 1,009 off-market properties in Middletown, CT. Commercial property asks $86/SF to buy and $17.35/SF/Yr to lease.
Market Trends
Middletown, CT spans 41.0 square miles in Middlesex County, Connecticut. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Middletown, CT asks $131/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 vacancy in Middletown, 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 Middletown, 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 vacancy in Middletown, CT runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 78%
- Industrial 10.6%
- Mixed use 1.9%
- Commercial 1.4%
- Open space 1.1%
- Civic 0.7%
Largest Zones share of zoned land by district
Residential
Residential
Residential
Residential
Special Industrial
Middletown, CT zones 24,127 acres across 30 districts. Commercial zoning covers 1.4% of zoned land, residential 78%, open space 1.1% and industrial 10.6%. The largest single district is Residential at 22.5%. For commercial buyers the practical constraint is that only 12% of land carries a commercial or industrial designation.
Residential (R-60)
R-45 and R-60 zones, and in the R-30 zones only where R- 45 zoning is required due to water and sewer requirements and in the R-1 zone next to an R-30 zone (see §2.3.4.1 Water and Sewer Requirements). A LLES shall consist of no more than 20 lots all of which meet all zoning and subdivision regulations with the exception of the specific provisions as articula…
Market overview
Demographics & Economy
Middletown, CT has 47,717 residents in 22,165 households. Density runs 1,163 people per square mile. Median household income here is $74,003 and median gross rent $1,392 a month.
47,717
Population
22,165
Households
2.2
Avg Household Size
38
Median Age
41%
College-Educated
94%
High-School Grad
41 sq mi
ZIP Area
1,163
Density / Sq Mi
$74,003
Median Household Income
$47,118
Median Earnings
$1,392
Median Rent
$279,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Portland | — | — |
| Rockfall | — | — |
| Cromwell | — | $16.94 |
| Middlefield | — | — |
Commercial property in Middletown, CT asks $86/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Middletown?
Commercial property in Middletown, CT asks an average of $86 per square foot. The 7 most recent recorded sales traded at a median of $95/SF. Office carries the highest asking price at $131/SF.
How much does it cost to lease commercial space in Middletown?
Asking lease rates in Middletown, CT average $17.35 per square foot per year.
What zoning applies to commercial property in Middletown?
Middletown, CT zones 24,127 acres across 30 districts, of which 1.4% is commercial and 10.6% industrial. The largest single district is Residential at 22.5% of zoned land. R-45 and R-60 zones, and in the R-30 zones only where R- 45 zoning is required due to water and sewer requirements and in the R-1 zone next to an R-30 zone (see §2.3.4.1 Water and Sewer Requirements). A LLES shall consist of no more than 20 lots all of which meet all zoning and subdivision regulations with the exception of the specific provisions as articula… Residential zoning covers 78% and open space 1.1%.
Where does Realmo's Middletown market data come from?
Realmo compiles Middletown, CT figures from 8 recent recorded sales, 65 active sale listings, 77 active lease listings, 1,009 tracked off-market properties, the current Middletown zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 65 active for-sale and 77 active for-lease listings in Middletown, 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: 24,127 zoned acres across 30 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 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
