Commercial Real Estate Market in Southington, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
95 active listings and 791 off-market properties in Southington, CT. Commercial property asks $261/SF to buy and $17.45/SF/Yr to lease.
Market Trends
Southington, CT spans 27.7 square miles in Hartford County, Connecticut. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Southington, CT asks $153/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 Southington, CT asks $137/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 Southington, 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 Southington, CT asks $159/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 83.2%
- Industrial 10.3%
- Commercial 5.9%
- Mixed use 0.6%
Largest Zones share of zoned land by district
Residential
Residential
Residential
Residential
Industrial
Southington, CT zones 21,238 acres across 16 districts. Commercial zoning covers 5.9% of zoned land, residential 83.2% and industrial 10.3%. The largest single district is Residential at 31.7%. For commercial buyers the practical constraint is that only 16.2% of land carries a commercial or industrial designation.
Residential (R-20/25)
The residential district is established to designate areas primarily for residential use and development appropriate to the environmental characteristics of the land and the characteristics of the neighborhood
Market overview
Demographics & Economy
Southington, CT has 32,267 residents in 13,496 households. Density runs 1,164 people per square mile. Median household income here is $124,543 and median gross rent $1,440 a month.
32,267
Population
13,496
Households
2.4
Avg Household Size
45
Median Age
44%
College-Educated
94%
High-School Grad
27.7 sq mi
ZIP Area
1,164
Density / Sq Mi
$124,543
Median Household Income
$65,253
Median Earnings
$1,440
Median Rent
$360,600
Median Home Value
Tools
Lease vs Buy Breakeven
At $17.45/SF/Yr lease vs $261/SF buy → buying wins if held > 3.7 years.
At a 6.7% 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 |
|---|---|---|
| Plantsville | — | — |
| Plainville | — | $38.70 |
| Milldale | — | — |
| Kensington | — | $15.13 |
Commercial property in Southington, CT asks $261/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Southington?
Commercial property in Southington, CT asks an average of $261 per square foot. The 6 most recent recorded sales traded at a median of $157/SF, so asking sits 67% above the achieved median. Multifamily carries the highest asking price at $159/SF.
How much does it cost to lease commercial space in Southington?
Asking lease rates in Southington, CT average $17.45 per square foot per year.
Is it cheaper to lease or buy commercial space in Southington?
Buying beats leasing in Southington, CT if the property is held longer than 3.7 years, comparing $17.45/SF/Yr asking rent with $261/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 Southington?
Southington, CT zones 21,238 acres across 16 districts, of which 5.9% is commercial and 10.3% industrial. The largest single district is Residential at 31.7% of zoned land. The residential district is established to designate areas primarily for residential use and development appropriate to the environmental characteristics of the land and the characteristics of the neighborhood Residential zoning covers 83.2% and open space 0%.
Where does Realmo's Southington market data come from?
Realmo compiles Southington, CT figures from 8 recent recorded sales, 42 active sale listings, 53 active lease listings, 791 tracked off-market properties, the current Southington zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 42 active for-sale and 53 active for-lease listings in Southington, 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: 21,238 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
