Commercial Real Estate Market in North Branford, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
10 active listings and 225 off-market properties in North Branford, CT. Commercial property asks $305/SF to buy and $16.05/SF/Yr to lease.
Market Trends
North Branford, CT spans 8.9 square miles in New Haven County, Connecticut. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in North Branford, CT asks $126/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 North Branford, CT asks $155/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 North Branford, 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 North Branford, CT asks $189/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
North Branford, CT has 7,195 residents in 2,938 households. Density runs 812 people per square mile. Median household income here is $120,885 and median gross rent $1,723 a month.
7,195
Population
2,938
Households
2.4
Avg Household Size
48
Median Age
33%
College-Educated
96%
High-School Grad
8.9 sq mi
ZIP Area
812
Density / Sq Mi
$120,885
Median Household Income
$65,878
Median Earnings
$1,723
Median Rent
$364,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| New Haven | — | $18.67 |
| North Haven | — | $14.74 |
| Northford | — | — |
| Branford | — | $27.72 |
Commercial property in North Branford, CT asks $305/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in North Branford?
Commercial property in North Branford, CT asks an average of $305 per square foot. The 4 most recent recorded sales traded at a median of $213/SF, so asking sits 43% above the achieved median. Multifamily carries the highest asking price at $189/SF.
How much does it cost to lease commercial space in North Branford?
Asking lease rates in North Branford, CT average $16.05 per square foot per year.
Where does Realmo's North Branford market data come from?
Realmo compiles North Branford, CT figures from 6 recent recorded sales, 5 active sale listings, 5 active lease listings, 225 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 5 active for-lease listings in North Branford, 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 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
