Commercial Real Estate Market in Vernon, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
80 active listings and 618 off-market properties in Vernon, CT. Commercial property asks $206/SF to buy and $40.26/SF/Yr to lease.
Market Trends
Vernon, CT spans 17.7 square miles in Tolland County, Connecticut. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Vernon, CT runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Vernon, CT runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Vernon, 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 vacancy in Vernon, CT runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Open space 31.9%
- Residential 31.3%
- Planned_development 13.9%
- Commercial 8%
- Industrial 1.7%
Largest Zones share of zoned land by district
Open Space
Single Family Residential
Planned Development Zone
Planned Neighborhood Development
Historic District And Residential Commercial
Vernon, CT zones 4,808 acres across 22 districts. Commercial zoning covers 8% of zoned land, residential 31.3%, open space 31.9% and industrial 1.7%. The largest single district is Open Space at 31.9%. For commercial buyers the practical constraint is that only 9.7% of land carries a commercial or industrial designation.
Single Family Residential (R-22)
Commercial Vehicles as of 2026 Approved: 6-2-2026 Effective 6-8-2026 ARTICLE 3 Residential Zones § 30-3.1. Use regulations. A. Permitted Uses: Table 3.1: Uses Permitted in Residential Districts Permitted Uses R-10 R-15 R-22 R-27 R-40 Section Reference Residential Uses Boarding Houses SUP SUP SUP SUP SUP Single Family Dwelling ZP ZP ZP ZP ZP Cluster Developme…
Market overview
Demographics & Economy
Vernon, CT has 30,237 residents in 14,335 households. Density runs 1,708 people per square mile. Median household income here is $80,766 and median gross rent $1,412 a month.
30,237
Population
14,335
Households
2.1
Avg Household Size
41
Median Age
36%
College-Educated
93%
High-School Grad
17.7 sq mi
ZIP Area
1,708
Density / Sq Mi
$80,766
Median Household Income
$50,381
Median Earnings
$1,412
Median Rent
$255,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Wapping | — | $15.73 |
| Manchester | — | $22.70 |
| Ellington | — | — |
| E Windsor Hl | — | — |
Commercial property in Vernon, CT asks $206/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Vernon?
Commercial property in Vernon, CT asks an average of $206 per square foot. The 6 most recent recorded sales traded at a median of $120/SF, so asking sits 72% above the achieved median.
How much does it cost to lease commercial space in Vernon?
Asking lease rates in Vernon, CT average $40.26 per square foot per year.
What zoning applies to commercial property in Vernon?
Vernon, CT zones 4,808 acres across 22 districts, of which 8% is commercial and 1.7% industrial. The largest single district is Open Space at 31.9% of zoned land. Residential zoning covers 31.3% and open space 31.9%.
Where does Realmo's Vernon market data come from?
Realmo compiles Vernon, CT figures from 7 recent recorded sales, 32 active sale listings, 48 active lease listings, 618 tracked off-market properties, the current Vernon 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 48 active for-lease listings in Vernon, 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: 4,808 zoned acres across 22 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
