Commercial Real Estate Market in Chesterfield, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
3 active listings and 38 off-market properties in Chesterfield, MA.
Market Trends
Chesterfield, MA spans 12.1 square miles in Hampshire County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Chesterfield, 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 Chesterfield, 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 Chesterfield, 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 Chesterfield, 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
- Residential 100%
Largest Zones share of zoned land by district
Agricultural Residential 2
Agricultural Residential 1
Chesterfield, MA zones 20,012 acres across 2 districts. The largest single district is Agricultural Residential 2 at 52%.
Agricultural Residential 2 (AR-II)
Areas of town dominated by steep slopes, poorly-drained soils and wetlands. In order to meet the areas environmental constraints, the zone is best suited for low-density development that accommodates these fragile resources.
Market overview
Demographics & Economy
Chesterfield, MA has 519 residents in 219 households. Density runs 43 people per square mile. Median household income here is $75,526 and median gross rent $895 a month.
519
Population
219
Households
2.4
Avg Household Size
50
Median Age
28%
College-Educated
95%
High-School Grad
12.1 sq mi
ZIP Area
43
Density / Sq Mi
$75,526
Median Household Income
$31,250
Median Earnings
$895
Median Rent
$350,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Goshen | — | — |
| Cummington | — | — |
| Williamsburg | — | — |
| Westhampton | — | — |
Commercial property in Chesterfield, MA asks $1,090/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Chesterfield?
Commercial property in Chesterfield, MA asks an average of $1,090 per square foot.
What zoning applies to commercial property in Chesterfield?
Chesterfield, MA zones 20,012 acres across 2 districts, of which 0% is commercial and 0% industrial. The largest single district is Agricultural Residential 2 at 52% of zoned land. Areas of town dominated by steep slopes, poorly-drained soils and wetlands. In order to meet the areas environmental constraints, the zone is best suited for low-density development that accommodates these fragile resources. Residential zoning covers 100% and open space 0%.
Where does Realmo's Chesterfield market data come from?
Realmo compiles Chesterfield, MA figures from 2 recent recorded sales, 3 active sale listings, 38 tracked off-market properties, the current Chesterfield zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 3 active for-sale and 0 active for-lease listings in Chesterfield, 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: 20,012 zoned acres across 2 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
