Commercial Real Estate Market in Dedham, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
44 active listings and 367 off-market properties in Dedham, MA. Commercial property asks $298/SF to buy and $20.76/SF/Yr to lease.
Market Trends
Dedham, MA spans 10.3 square miles in Norfolk County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Dedham, 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 Dedham, 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 Dedham, 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 Dedham, MA asks $386/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 81.2%
- Industrial 6.2%
- Commercial 4.8%
Largest Zones share of zoned land by district
Single Residence A
Single Residence B
General Residence
Limited Manufacturing
Research Development And Office
Dedham, MA zones 6,849 acres across 11 districts. Commercial zoning covers 4.8% of zoned land, residential 81.2% and industrial 6.2%. The largest single district is Single Residence A at 34.9%. For commercial buyers the practical constraint is that only 11% of land carries a commercial or industrial designation.
Single Residence A (SRA)
The purpose of this District is to provide Residential uses
Market overview
Demographics & Economy
Dedham, MA has 25,364 residents in 10,648 households. Density runs 2,470 people per square mile. Median household income here is $124,375 and median gross rent $2,058 a month.
25,364
Population
10,648
Households
2.4
Avg Household Size
43
Median Age
55%
College-Educated
94%
High-School Grad
10.3 sq mi
ZIP Area
2,470
Density / Sq Mi
$124,375
Median Household Income
$74,594
Median Earnings
$2,058
Median Rent
$630,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Westwood | — | $17.02 |
| Norwood | — | $15.27 |
| Needham | — | $28.27 |
| Milton | — | — |
Commercial property in Dedham, MA asks $298/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Dedham?
Commercial property in Dedham, MA asks an average of $298 per square foot. The 3 most recent recorded sales traded at a median of $131/SF, so asking sits 128% above the achieved median. Multifamily carries the highest asking price at $386/SF.
How much does it cost to lease commercial space in Dedham?
Asking lease rates in Dedham, MA average $20.76 per square foot per year.
What zoning applies to commercial property in Dedham?
Dedham, MA zones 6,849 acres across 11 districts, of which 4.8% is commercial and 6.2% industrial. The largest single district is Single Residence A at 34.9% of zoned land. The purpose of this District is to provide Residential uses Residential zoning covers 81.2% and open space 0%.
Where does Realmo's Dedham market data come from?
Realmo compiles Dedham, MA figures from 3 recent recorded sales, 18 active sale listings, 26 active lease listings, 367 tracked off-market properties, the current Dedham zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 18 active for-sale and 26 active for-lease listings in Dedham, 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: 6,849 zoned acres across 11 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
