Commercial Real Estate Market in Agawam, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
73 active listings and 597 off-market properties in Agawam, MA. Commercial property asks $87/SF to buy and $73.76/SF/Yr to lease.
Market Trends
Agawam, MA spans 11.3 square miles in Hampden County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Agawam, MA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Agawam, MA 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 Agawam, MA 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 Agawam, MA 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
- Agricultural 58.7%
- Residential 24.1%
- Industrial 11.2%
- Commercial 6.1%
Largest Zones share of zoned land by district
Agricultural
Residence
Industrial A
Industrial B
Residence B
Market overview
Demographics & Economy
Agawam, MA has 16,984 residents in 7,033 households. Density runs 1,504 people per square mile. Median household income here is $71,924 and median gross rent $1,305 a month.
16,984
Population
7,033
Households
2.4
Avg Household Size
46
Median Age
36%
College-Educated
92%
High-School Grad
11.3 sq mi
ZIP Area
1,504
Density / Sq Mi
$71,924
Median Household Income
$54,266
Median Earnings
$1,305
Median Rent
$270,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| West Springfield | — | $17.47 |
| Longmeadow | — | — |
| Springfield | — | $17.21 |
| East Longmeadow | — | $20.07 |
Commercial property in Agawam, MA asks $87/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Agawam?
Commercial property in Agawam, MA asks an average of $87 per square foot. The 7 most recent recorded sales traded at a median of $129/SF.
How much does it cost to lease commercial space in Agawam?
Asking lease rates in Agawam, MA average $73.76 per square foot per year.
Where does Realmo's Agawam market data come from?
Realmo compiles Agawam, MA figures from 8 recent recorded sales, 46 active sale listings, 27 active lease listings, 597 tracked off-market properties, the current Agawam zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 46 active for-sale and 27 active for-lease listings in Agawam, MA. 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: 15,585 zoned acres across 12 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
