Commercial Real Estate Market in Conway, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 60 off-market properties in Conway, MA.
Market Trends
Conway, MA spans 33.6 square miles in Franklin County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Conway, 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 Conway, 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 Conway, 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 Conway, 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%
- Industrial 0%
Largest Zones share of zoned land by district
Rural Residential And Agricultural
Light Industrial
Conway, MA zones 24,245 acres across 2 districts. The largest single district is Rural Residential And Agricultural at 100%. For commercial buyers the practical constraint is that only 0% of land carries a commercial or industrial designation.
Rural Residential And Agricultural (RR-A)
This zone is intended to promote rural residential and agrilcultural district uses
Market overview
Demographics & Economy
Conway, MA has 1,539 residents in 760 households. Density runs 46 people per square mile. Median household income here is $93,250 and median gross rent $1,696 a month.
1,539
Population
760
Households
2
Avg Household Size
53
Median Age
59%
College-Educated
98%
High-School Grad
33.6 sq mi
ZIP Area
46
Density / Sq Mi
$93,250
Median Household Income
$48,152
Median Earnings
$1,696
Median Rent
$376,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ashfield | — | — |
| Deerfield | — | — |
| Whately | — | — |
| Sunderland | — | — |
Commercial property in Conway, MA asks $218/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Conway?
Commercial property in Conway, MA asks an average of $218 per square foot.
What zoning applies to commercial property in Conway?
Conway, MA zones 24,245 acres across 2 districts, of which 0% is commercial and 0% industrial. The largest single district is Rural Residential And Agricultural at 100% of zoned land. This zone is intended to promote rural residential and agrilcultural district uses Residential zoning covers 100% and open space 0%.
Where does Realmo's Conway market data come from?
Realmo compiles Conway, MA figures from 1 active sale listings, 60 tracked off-market properties, the current Conway zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Conway, 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: 24,245 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
