Commercial Real Estate Market in Newington, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
565 active listings and 6,144 off-market properties in Newington, CT. Commercial property asks $80/SF to buy and $18.00/SF/Yr to lease.
Market Trends
Newington, CT spans 13.0 square miles in Hartford County, Connecticut. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Newington, CT asks $20.36/SF/Yr to lease and $124/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Retail space in Newington, CT asks $129/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 Newington, 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 Newington, CT asks $161/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 61%
- Industrial 12.7%
- Planned_development 10.4%
- Open space 9.6%
- Commercial 4%
Largest Zones share of zoned land by district
Residential 12
Residential 20
Industrial
Planned Development
Open Space
Newington, CT zones 8,442 acres across 13 districts. Commercial zoning covers 4% of zoned land, residential 61%, open space 9.6% and industrial 12.7%. The largest single district is Residential 12 at 34.8%. For commercial buyers the practical constraint is that only 16.7% of land carries a commercial or industrial designation.
Residential 12 (R-12)
Section 3.7 Special Permits Allowed in R-12 and R-7 Residential Zone The following uses are declared to possess such special characteristics that each must be considered special permits. They shall only be permitted by the Commission subject to the following conditions and standards, and the provisions of Sections 5.2 and 5.3. 3.7.1 Alternate residential bui…
Market overview
Demographics & Economy
Newington, CT has 30,536 residents in 13,334 households. Density runs 2,344 people per square mile. Median household income here is $98,585 and median gross rent $1,487 a month.
30,536
Population
13,334
Households
2.3
Avg Household Size
45
Median Age
40%
College-Educated
92%
High-School Grad
13 sq mi
ZIP Area
2,344
Density / Sq Mi
$98,585
Median Household Income
$54,916
Median Earnings
$1,487
Median Rent
$279,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| New Britain | — | $16.17 |
| Rocky Hill | — | $16.55 |
| Farmington | — | $18.24 |
| Kensington | — | $15.13 |
Commercial property in Newington, CT asks $80/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Newington?
Commercial property in Newington, CT asks an average of $80 per square foot. The 6 most recent recorded sales traded at a median of $128/SF. Multifamily carries the highest asking price at $161/SF.
How much does it cost to lease commercial space in Newington?
Asking lease rates in Newington, CT average $18.00 per square foot per year. Office asks $20.36/SF/Yr as of Q2 26, up from $13.26/SF/Yr in Q1 26.
What zoning applies to commercial property in Newington?
Newington, CT zones 8,442 acres across 13 districts, of which 4% is commercial and 12.7% industrial. The largest single district is Residential 12 at 34.8% of zoned land. Section 3.7 Special Permits Allowed in R-12 and R-7 Residential Zone The following uses are declared to possess such special characteristics that each must be considered special permits. They shall only be permitted by the Commission subject to the following conditions and standards, and the provisions of Sections 5.2 and 5.3. 3.7.1 Alternate residential bui… Residential zoning covers 61% and open space 9.6%.
Where does Realmo's Newington market data come from?
Realmo compiles Newington, CT figures from 7 recent recorded sales, 278 active sale listings, 287 active lease listings, 6,144 tracked off-market properties, the current Newington zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 278 active for-sale and 287 active for-lease listings in Newington, 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: 8,442 zoned acres across 13 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 · report a data issue
