Commercial Real Estate Market in New Fairfield, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
146 active listings and 1,831 off-market properties in New Fairfield, CT. Commercial property asks $146/SF to buy and $23.24/SF/Yr to lease.
Market Trends
New Fairfield, CT spans 20.4 square miles in Fairfield County, Connecticut. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in New Fairfield, 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 New Fairfield, 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 New Fairfield, 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 New Fairfield, 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
Market overview
Demographics & Economy
New Fairfield, CT has 13,579 residents in 5,137 households. Density runs 665 people per square mile. Median household income here is $143,864 and median gross rent $1,926 a month.
13,579
Population
5,137
Households
2.6
Avg Household Size
45
Median Age
45%
College-Educated
94%
High-School Grad
20.4 sq mi
ZIP Area
665
Density / Sq Mi
$143,864
Median Household Income
$60,502
Median Earnings
$1,926
Median Rent
$455,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Patterson | — | — |
| Sears Corners | — | $24.00 |
| Brookfield Center | — | $23.61 |
| Sherman | — | — |
Commercial property in New Fairfield, CT asks $146/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in New Fairfield?
Commercial property in New Fairfield, CT asks an average of $146 per square foot. The 5 most recent recorded sales traded at a median of $188/SF. Multifamily carries the highest asking price at $255/SF.
How much does it cost to lease commercial space in New Fairfield?
Asking lease rates in New Fairfield, CT average $23.24 per square foot per year.
Where does Realmo's New Fairfield market data come from?
Realmo compiles New Fairfield, CT figures from 7 recent recorded sales, 61 active sale listings, 85 active lease listings, 1,831 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 61 active for-sale and 85 active for-lease listings in New Fairfield, 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 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
