Commercial Real Estate Market in Townsend, DE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
19 active listings and 111 off-market properties in Townsend, DE.
Market Trends
Townsend, DE spans 79.9 square miles in New Castle County, Delaware. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Townsend, DE runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Townsend, DE runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Townsend, DE runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Townsend, DE runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Civic 80.5%
- Commercial 10.6%
- Industrial 4.4%
- Agricultural 0.6%
- Residential 0.2%
Largest Zones share of zoned land by district
Residential 10000 Square Feet
Commercial
Residential Active Adult
Residential 9000 Square Feet
Industrial
Market overview
Demographics & Economy
Townsend, DE has 14,116 residents in 4,689 households. Density runs 177 people per square mile. Median household income here is $131,745 and median gross rent $1,342 a month.
14,116
Population
4,689
Households
3
Avg Household Size
39
Median Age
33%
College-Educated
95%
High-School Grad
79.9 sq mi
ZIP Area
177
Density / Sq Mi
$131,745
Median Household Income
$63,998
Median Earnings
$1,342
Median Rent
$426,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Blackbird | — | — |
| Middletown | — | $32.22 |
| Odessa | — | — |
| Golts | — | — |
Frequently Asked Questions
Where does Realmo's Townsend market data come from?
Realmo compiles Townsend, DE figures from 2 recent recorded sales, 18 active sale listings, 1 active lease listings, 111 tracked off-market properties, the current Townsend zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 18 active for-sale and 1 active for-lease listings in Townsend, DE. 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: 678 zoned acres across 9 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 South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South 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
