Commercial Real Estate Market in Stonington, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
40 active listings and 295 off-market properties in Stonington, CT. Commercial property asks $480/SF to buy and $38.64/SF/Yr to lease.
Market Trends
Stonington, CT spans 20.9 square miles in New London County, Connecticut. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Stonington, CT runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail space in Stonington, CT asks $305/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 Stonington, 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 Stonington, 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 92.7%
- Commercial 2.6%
- Industrial 2.2%
- Agricultural 0.3%
Largest Zones share of zoned land by district
Rural Residential
Green Belt Residential
Residential Moderate Density
Residential Single Family
Residential Low Density
Stonington, CT zones 24,572 acres across 25 districts. Commercial zoning covers 2.6% of zoned land, residential 92.7% and industrial 2.2%. The largest single district is Rural Residential at 36%. For commercial buyers the practical constraint is that only 4.8% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Stonington, CT has 5,318 residents in 3,144 households. Density runs 254 people per square mile. Median household income here is $126,014 and median gross rent $1,720 a month.
5,318
Population
3,144
Households
1.7
Avg Household Size
54
Median Age
59%
College-Educated
99%
High-School Grad
20.9 sq mi
ZIP Area
254
Density / Sq Mi
$126,014
Median Household Income
$57,463
Median Earnings
$1,720
Median Rent
$576,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Mystic | — | — |
| Westerly | — | $38.99 |
| Groton | — | $23.87 |
Commercial property in Stonington, CT asks $480/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Stonington?
Commercial property in Stonington, CT asks an average of $480 per square foot. The 3 most recent recorded sales traded at a median of $185/SF, so asking sits 159% above the achieved median. Retail carries the highest asking price at $305/SF.
How much does it cost to lease commercial space in Stonington?
Asking lease rates in Stonington, CT average $38.64 per square foot per year.
What zoning applies to commercial property in Stonington?
Stonington, CT zones 24,572 acres across 25 districts, of which 2.6% is commercial and 2.2% industrial. The largest single district is Rural Residential at 36% of zoned land. Residential zoning covers 92.7% and open space 0%.
Where does Realmo's Stonington market data come from?
Realmo compiles Stonington, CT figures from 7 recent recorded sales, 22 active sale listings, 18 active lease listings, 295 tracked off-market properties, the current Stonington zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 22 active for-sale and 18 active for-lease listings in Stonington, 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: 24,572 zoned acres across 25 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, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- 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
