Commercial Real Estate Market in Bedford, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
28 active listings and 196 off-market properties in Bedford, MA.
Market Trends
Bedford, MA spans 14.8 square miles in Middlesex County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Bedford, 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 Bedford, 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 Bedford, 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 space in Bedford, MA asks $318/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 78.8%
- Industrial 19.2%
- Commercial 1.8%
- Mixed use 0.2%
Largest Zones share of zoned land by district
Residence A
Residence R
Residence B
Industrial A
Residence C
Bedford, MA zones 8,731 acres across 13 districts. Commercial zoning covers 1.8% of zoned land, residential 78.8% and industrial 19.2%. The largest single district is Residence A at 29.2%. For commercial buyers the practical constraint is that only 21% of land carries a commercial or industrial designation.
Residence A (R-A)
The purpose of R-A zone is intended to promote residential related uses
Market overview
Demographics & Economy
Bedford, MA has 16,121 residents in 6,465 households. Density runs 1,091 people per square mile. Median household income here is $152,779 and median gross rent $2,533 a month.
16,121
Population
6,465
Households
2.5
Avg Household Size
43
Median Age
67%
College-Educated
97%
High-School Grad
14.8 sq mi
ZIP Area
1,091
Density / Sq Mi
$152,779
Median Household Income
$87,582
Median Earnings
$2,533
Median Rent
$878,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hanscom AFB | — | — |
| Lexington | — | $32.55 |
| Billerica | — | $16.28 |
| Burlington | — | $20.07 |
Commercial property in Bedford, MA asks $229/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Bedford?
Commercial property in Bedford, MA asks an average of $229 per square foot. The 7 most recent recorded sales traded at a median of $166/SF, so asking sits 38% above the achieved median. Multifamily carries the highest asking price at $318/SF.
What zoning applies to commercial property in Bedford?
Bedford, MA zones 8,731 acres across 13 districts, of which 1.8% is commercial and 19.2% industrial. The largest single district is Residence A at 29.2% of zoned land. The purpose of R-A zone is intended to promote residential related uses Residential zoning covers 78.8% and open space 0%.
Where does Realmo's Bedford market data come from?
Realmo compiles Bedford, MA figures from 7 recent recorded sales, 12 active sale listings, 16 active lease listings, 196 tracked off-market properties, the current Bedford zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 12 active for-sale and 16 active for-lease listings in Bedford, 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: 8,731 zoned acres across 13 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
