Commercial Real Estate Market in Chatham, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
47 active listings and 607 off-market properties in Chatham, MA. Commercial property asks $1,101/SF to buy and $20.64/SF/Yr to lease.
Market Trends
Chatham, MA spans 8.6 square miles in Barnstable County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Chatham, MA asks $284/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 Chatham, MA asks $506/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 Chatham, 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 Chatham, MA asks $387/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 79.2%
- Open space 4.6%
- Commercial 2.3%
- Industrial 1%
Largest Zones share of zoned land by district
Residential 40
Residential 20
Residential 60
Municipal
Municipal Conservation
Chatham, MA zones 8,095 acres across 15 districts. Commercial zoning covers 2.3% of zoned land, residential 79.2%, open space 4.6% and industrial 1%. The largest single district is Residential 40 at 29.5%. For commercial buyers the practical constraint is that only 3.3% of land carries a commercial or industrial designation.
Residential 40 (R40)
Permitted in the R60, R40, R20, R20A, SB and GB Districts as follows: a. The use shall be located within a residence and operated by an owner-occupant. b. The residential lot shall contain not less than ten thousand (10,000) square feet of buildable upland as required by Section III, D. 3. of this Bylaw. This requirement may be waived if the dwelling is conn…
Market overview
Demographics & Economy
Chatham, MA has 4,664 residents in 5,425 households. Density runs 540 people per square mile. Median household income here is $94,036 and median gross rent $1,005 a month.
4,664
Population
5,425
Households
0.9
Avg Household Size
62
Median Age
65%
College-Educated
99%
High-School Grad
8.6 sq mi
ZIP Area
540
Density / Sq Mi
$94,036
Median Household Income
$50,038
Median Earnings
$1,005
Median Rent
$881,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Harwich | — | $15.50 |
| Orleans | — | $30.51 |
| Brewster | — | — |
| Eastham | — | — |
Commercial property in Chatham, MA asks $1,101/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Chatham?
Commercial property in Chatham, MA asks an average of $1,101 per square foot. The 4 most recent recorded sales traded at a median of $599/SF, so asking sits 84% above the achieved median. Retail carries the highest asking price at $506/SF.
How much does it cost to lease commercial space in Chatham?
Asking lease rates in Chatham, MA average $20.64 per square foot per year.
What zoning applies to commercial property in Chatham?
Chatham, MA zones 8,095 acres across 15 districts, of which 2.3% is commercial and 1% industrial. The largest single district is Residential 40 at 29.5% of zoned land. Permitted in the R60, R40, R20, R20A, SB and GB Districts as follows: a. The use shall be located within a residence and operated by an owner-occupant. b. The residential lot shall contain not less than ten thousand (10,000) square feet of buildable upland as required by Section III, D. 3. of this Bylaw. This requirement may be waived if the dwelling is conn… Residential zoning covers 79.2% and open space 4.6%.
Where does Realmo's Chatham market data come from?
Realmo compiles Chatham, MA figures from 6 recent recorded sales, 36 active sale listings, 11 active lease listings, 607 tracked off-market properties, the current Chatham zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 36 active for-sale and 11 active for-lease listings in Chatham, 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: 8,095 zoned acres across 15 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
