Commercial Real Estate Market in Ridgefield, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
52 active listings and 462 off-market properties in Ridgefield, CT. Commercial property asks $577/SF to buy and $28.29/SF/Yr to lease.
Market Trends
Ridgefield, CT spans 34.6 square miles in Fairfield County, Connecticut. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Ridgefield, CT asks $187/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 Ridgefield, CT asks $189/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 Ridgefield, 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 Ridgefield, CT asks $229/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 95.4%
- Commercial 0.7%
Largest Zones share of zoned land by district
Residential 2 Acre
Residential 3 Acre
Residential 1 Acre
Corporate Development District
Light Industry
Ridgefield, CT zones 22,336 acres across 16 districts. Commercial zoning covers 0.7% of zoned land, residential 95.4%. The largest single district is Residential 2 Acre at 60.4%. For commercial buyers the practical constraint is that only 0.7% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Ridgefield, CT has 25,077 residents in 9,848 households. Density runs 725 people per square mile. Median household income here is $168,991 and median gross rent $1,918 a month.
25,077
Population
9,848
Households
2.5
Avg Household Size
44
Median Age
72%
College-Educated
97%
High-School Grad
34.6 sq mi
ZIP Area
725
Density / Sq Mi
$168,991
Median Household Income
$75,683
Median Earnings
$1,918
Median Rent
$799,400
Median Home Value
Tools
Lease vs Buy Breakeven
At $28.29/SF/Yr lease vs $577/SF buy → buying wins if held > 10.8 years.
At a 4.9% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lewisboro | — | — |
| West Redding | — | — |
| Cross River | — | — |
| Waccabuc | — | — |
Commercial property in Ridgefield, CT asks $577/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ridgefield?
Commercial property in Ridgefield, CT asks an average of $577 per square foot. The 6 most recent recorded sales traded at a median of $325/SF, so asking sits 77% above the achieved median. Multifamily carries the highest asking price at $229/SF.
How much does it cost to lease commercial space in Ridgefield?
Asking lease rates in Ridgefield, CT average $28.29 per square foot per year.
Is it cheaper to lease or buy commercial space in Ridgefield?
Buying beats leasing in Ridgefield, CT if the property is held longer than 10.8 years, comparing $28.29/SF/Yr asking rent with $577/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
What zoning applies to commercial property in Ridgefield?
Ridgefield, CT zones 22,336 acres across 16 districts, of which 0.7% is commercial and 0% industrial. The largest single district is Residential 2 Acre at 60.4% of zoned land. Residential zoning covers 95.4% and open space 0%.
Where does Realmo's Ridgefield market data come from?
Realmo compiles Ridgefield, CT figures from 7 recent recorded sales, 32 active sale listings, 20 active lease listings, 462 tracked off-market properties, the current Ridgefield zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 32 active for-sale and 20 active for-lease listings in Ridgefield, 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: 22,336 zoned acres across 16 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
