Commercial Real Estate Market in Westport, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
62 active listings and 479 off-market properties in Westport, CT. Commercial property asks $1,412/SF to buy and $38.59/SF/Yr to lease.
Market Trends
Westport, CT spans 20.0 square miles in Fairfield County, Connecticut. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Westport, 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 Westport, 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 Westport, 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 Westport, 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 94.5%
- Commercial 3%
- Open space 1.5%
- Special 0%
Largest Zones share of zoned land by district
Residential AA
Residential AAA
Residential A
General Business District
Design Development District
Westport, CT zones 13,585 acres across 28 districts. Commercial zoning covers 3% of zoned land, residential 94.5% and open space 1.5%. The largest single district is Residential AA at 37.1%. For commercial buyers the practical constraint is that only 3% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Westport, CT has 27,233 residents in 10,348 households. Density runs 1,361 people per square mile. Median household income here is $250,001 and median gross rent $2,369 a month.
27,233
Population
10,348
Households
2.6
Avg Household Size
45
Median Age
78%
College-Educated
98%
High-School Grad
20 sq mi
ZIP Area
1,361
Density / Sq Mi
$250,001
Median Household Income
$105,703
Median Earnings
$2,369
Median Rent
$1,244,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Greens Farms | — | — |
| Norwalk | — | $29.93 |
| Southport | — | — |
| Fairfield | — | — |
Commercial property in Westport, CT asks $1,412/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Westport?
Commercial property in Westport, CT asks an average of $1,412 per square foot. The 3 most recent recorded sales traded at a median of $492/SF, so asking sits 187% above the achieved median. Multifamily carries the highest asking price at $229/SF.
How much does it cost to lease commercial space in Westport?
Asking lease rates in Westport, CT average $38.59 per square foot per year.
What zoning applies to commercial property in Westport?
Westport, CT zones 13,585 acres across 28 districts, of which 3% is commercial and 0% industrial. The largest single district is Residential AA at 37.1% of zoned land. Residential zoning covers 94.5% and open space 1.5%.
Where does Realmo's Westport market data come from?
Realmo compiles Westport, CT figures from 3 recent recorded sales, 16 active sale listings, 46 active lease listings, 479 tracked off-market properties, the current Westport zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 16 active for-sale and 46 active for-lease listings in Westport, 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: 13,585 zoned acres across 28 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, 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 31 August 2026 · report a data issue
