Commercial Real Estate Market in Charlton, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
37 active listings and 271 off-market properties in Charlton, MA. Commercial property asks $372/SF to buy and $17.20/SF/Yr to lease.
Market Trends
Charlton, MA spans 42.2 square miles in Worcester County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Charlton, 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 Charlton, 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 Charlton, 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 Charlton, MA asks $216/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
- Agricultural 95.8%
- Residential 1%
- Commercial 0.1%
- Industrial 0%
Largest Zones share of zoned land by district
Agriculture
Village District
Residential Small Enterprise
Business Enterprise Park
Community Business
Agriculture (A)
Buffer areas. All dwellings and structures shall be located a minimum of fifty (50) feet from adjacent properties. Buffer areas shall be retained in their natural vegetative state to the maximum extent feasible, except where adjacent to property used for agriculture purposes. (6) Building height. No building shall exceed thirty-six (36) feet in height, exclu…
Market overview
Demographics & Economy
Charlton, MA has 13,315 residents in 5,240 households. Density runs 316 people per square mile. Median household income here is $119,809 and median gross rent $1,215 a month.
13,315
Population
5,240
Households
2.5
Avg Household Size
44
Median Age
38%
College-Educated
94%
High-School Grad
42.2 sq mi
ZIP Area
316
Density / Sq Mi
$119,809
Median Household Income
$64,911
Median Earnings
$1,215
Median Rent
$405,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Southbridge | — | $15.77 |
| Oxford | — | — |
| Dudley | — | — |
| Webster | — | $14.50 |
Commercial property in Charlton, MA asks $372/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Charlton?
Commercial property in Charlton, MA asks an average of $372 per square foot. The 6 most recent recorded sales traded at a median of $140/SF, so asking sits 166% above the achieved median. Multifamily carries the highest asking price at $216/SF.
How much does it cost to lease commercial space in Charlton?
Asking lease rates in Charlton, MA average $17.20 per square foot per year.
Where does Realmo's Charlton market data come from?
Realmo compiles Charlton, MA figures from 7 recent recorded sales, 27 active sale listings, 10 active lease listings, 271 tracked off-market properties, the current Charlton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 27 active for-sale and 10 active for-lease listings in Charlton, 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: 48,238 zoned acres across 8 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
