Commercial Real Estate Market in Shelton, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
66 active listings and 538 off-market properties in Shelton, CT. Commercial property asks $122/SF to buy and $17.66/SF/Yr to lease.
Market Trends
Shelton, CT spans 30.6 square miles in Fairfield County, Connecticut. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Shelton, 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 Shelton, 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 Shelton, 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 Shelton, 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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 87.6%
- Industrial 7%
- Planned_development 3.4%
- Commercial 0.9%
- Open space 0.8%
Largest Zones share of zoned land by district
Residence
Residence
Planned Residence District
Light Industrial Park
Planned Development District
Shelton, CT zones 20,420 acres across 20 districts. Commercial zoning covers 0.9% of zoned land, residential 87.6%, open space 0.8% and industrial 7%. The largest single district is Residence at 72.3%. For commercial buyers the practical constraint is that only 7.9% of land carries a commercial or industrial designation.
Residence (R-1)
Residence R-1 District R-1 Residence R-2 District R-2 Residence R-3 District R-3 Residence R-4 District R-4 Residence R-5 District R-5 Commercial CA-1 District CA-1 Commercial CA-2 District CA-2 Commercial CA-3 District CA-3 Commercial CB-1 District CB-1 Commercial CB-2 District CB -2 Industrial IA-1 District IA-1 Industrial IA-2 District IA-2 Industrial IA-…
Market overview
Demographics & Economy
Shelton, CT has 40,869 residents in 16,578 households. Density runs 1,334 people per square mile. Median household income here is $114,739 and median gross rent $1,661 a month.
40,869
Population
16,578
Households
2.5
Avg Household Size
47
Median Age
44%
College-Educated
94%
High-School Grad
30.6 sq mi
ZIP Area
1,334
Density / Sq Mi
$114,739
Median Household Income
$62,338
Median Earnings
$1,661
Median Rent
$435,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Derby | — | $15.58 |
| Ansonia | — | $14.57 |
| Huntington | — | $17.66 |
| Orange | — | $18.59 |
Commercial property in Shelton, CT asks $122/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Shelton?
Commercial property in Shelton, CT asks an average of $122 per square foot. The 6 most recent recorded sales traded at a median of $148/SF. Multifamily carries the highest asking price at $255/SF.
How much does it cost to lease commercial space in Shelton?
Asking lease rates in Shelton, CT average $17.66 per square foot per year.
What zoning applies to commercial property in Shelton?
Shelton, CT zones 20,420 acres across 20 districts, of which 0.9% is commercial and 7% industrial. The largest single district is Residence at 72.3% of zoned land. Residence R-1 District R-1 Residence R-2 District R-2 Residence R-3 District R-3 Residence R-4 District R-4 Residence R-5 District R-5 Commercial CA-1 District CA-1 Commercial CA-2 District CA-2 Commercial CA-3 District CA-3 Commercial CB-1 District CB-1 Commercial CB-2 District CB -2 Industrial IA-1 District IA-1 Industrial IA-2 District IA-2 Industrial IA-… Residential zoning covers 87.6% and open space 0.8%.
Where does Realmo's Shelton market data come from?
Realmo compiles Shelton, CT figures from 6 recent recorded sales, 17 active sale listings, 49 active lease listings, 538 tracked off-market properties, the current Shelton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 17 active for-sale and 49 active for-lease listings in Shelton, 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: 20,420 zoned acres across 20 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
