Commercial Real Estate Market in Orange, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
54 active listings and 292 off-market properties in Orange, CT. Commercial property asks $200/SF to buy and $18.94/SF/Yr to lease.
Market Trends
Orange, CT spans 17.2 square miles in New Haven County, Connecticut. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Orange, 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 Orange, 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 Orange, 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 Orange, 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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 90.2%
- Industrial 5.5%
- Commercial 3.8%
- Open space 0.4%
Largest Zones share of zoned land by district
Residential
Light Industrial
Commercial
Commercial
Light Industrial
Orange, CT zones 11,156 acres across 12 districts. Commercial zoning covers 3.8% of zoned land, residential 90.2%, open space 0.4% and industrial 5.5%. The largest single district is Residential at 90.1%. For commercial buyers the practical constraint is that only 9.3% of land carries a commercial or industrial designation.
Commercial (C-2)
Permitted uses. § 383-42 Special uses. § 383-43 Prohibited uses. § 383-44 Lot area, shape and frontage. § 383-45 Height. § 383-46 Setbacks. § 383-47 Building bulk and coverage. § 383-48 Site plan. Article VI Commercial C-2 District § 383-49 Permitted uses. § 383-50 Special uses. § 383-51 Prohibited uses. § 383-52 Lot area, shape and frontage. § 383-53 Height…
Market overview
Demographics & Economy
Orange, CT has 14,280 residents in 5,388 households. Density runs 831 people per square mile. Median household income here is $145,625 and median gross rent $2,016 a month.
14,280
Population
5,388
Households
2.7
Avg Household Size
47
Median Age
59%
College-Educated
97%
High-School Grad
17.2 sq mi
ZIP Area
831
Density / Sq Mi
$145,625
Median Household Income
$75,537
Median Earnings
$2,016
Median Rent
$466,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Milford | — | $18.39 |
| Derby | — | — |
| Ansonia | — | $15.29 |
| Huntington | — | $18.15 |
Commercial property in Orange, CT asks $200/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Orange?
Commercial property in Orange, CT asks an average of $200 per square foot. The 3 most recent recorded sales traded at a median of $169/SF, so asking sits 18% above the achieved median. Multifamily carries the highest asking price at $189/SF.
How much does it cost to lease commercial space in Orange?
Asking lease rates in Orange, CT average $18.94 per square foot per year.
What zoning applies to commercial property in Orange?
Orange, CT zones 11,156 acres across 12 districts, of which 3.8% is commercial and 5.5% industrial. The largest single district is Residential at 90.1% of zoned land. Residential zoning covers 90.2% and open space 0.4%.
Where does Realmo's Orange market data come from?
Realmo compiles Orange, CT figures from 7 recent recorded sales, 12 active sale listings, 42 active lease listings, 292 tracked off-market properties, the current Orange zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 12 active for-sale and 42 active for-lease listings in Orange, 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: 11,156 zoned acres across 12 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
