Commercial Real Estate Market in Monroe, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
51 active listings and 344 off-market properties in Monroe, CT. Commercial property asks $300/SF to buy and $40.52/SF/Yr to lease.
Market Trends
Monroe, CT spans 26.1 square miles in Fairfield County, Connecticut. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Monroe, CT asks $223/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 Monroe, CT asks $191/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 Monroe, 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 Monroe, CT asks $255/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 90.2%
- Industrial 6.6%
- Commercial 3.3%
Largest Zones share of zoned land by district
Residential And Farming District 1
Residential And Farming District 2
Residential And Farming District 3
Industrial District 2
Recreational Residence District
Monroe, CT zones 16,819 acres across 14 districts. Commercial zoning covers 3.3% of zoned land, residential 90.2% and industrial 6.6%. The largest single district is Residential And Farming District 1 at 38.9%. For commercial buyers the practical constraint is that only 9.9% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Monroe, CT has 18,825 residents in 6,573 households. Density runs 722 people per square mile. Median household income here is $156,731 and median gross rent $1,466 a month.
18,825
Population
6,573
Households
2.9
Avg Household Size
44
Median Age
58%
College-Educated
97%
High-School Grad
26.1 sq mi
ZIP Area
722
Density / Sq Mi
$156,731
Median Household Income
$71,530
Median Earnings
$1,466
Median Rent
$477,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Upper Stepney | — | $40.52 |
| Huntington | — | $18.20 |
| Newtown | — | $15.54 |
| Derby | — | $15.58 |
Commercial property in Monroe, CT asks $300/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Monroe?
Commercial property in Monroe, CT asks an average of $300 per square foot. The 4 most recent recorded sales traded at a median of $313/SF. Multifamily carries the highest asking price at $255/SF.
How much does it cost to lease commercial space in Monroe?
Asking lease rates in Monroe, CT average $40.52 per square foot per year.
What zoning applies to commercial property in Monroe?
Monroe, CT zones 16,819 acres across 14 districts, of which 3.3% is commercial and 6.6% industrial. The largest single district is Residential And Farming District 1 at 38.9% of zoned land. Residential zoning covers 90.2% and open space 0%.
Where does Realmo's Monroe market data come from?
Realmo compiles Monroe, CT figures from 6 recent recorded sales, 19 active sale listings, 32 active lease listings, 344 tracked off-market properties, the current Monroe zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 19 active for-sale and 32 active for-lease listings in Monroe, 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: 16,819 zoned acres across 14 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 30 September 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 30 September 2026 · How Realmo checks market page data · Report a data issue
