Commercial Real Estate Market in Deerfield, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
10 active listings and 297 off-market properties in Deerfield, MA.
Market Trends
Deerfield, MA spans 18.4 square miles in Franklin County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Deerfield, 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 Deerfield, 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 Deerfield, 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 Deerfield, 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 89.9%
- Commercial 8.2%
- Industrial 1.8%
Largest Zones share of zoned land by district
Residential Agricultural
Commercial
Central Village Residential
Water Protection District
Industrial
Deerfield, MA zones 21,576 acres across 8 districts. Commercial zoning covers 8.2% of zoned land, residential 89.9% and industrial 1.8%. The largest single district is Residential Agricultural at 86.3%. For commercial buyers the practical constraint is that only 10.1% of land carries a commercial or industrial designation.
Residential Agricultural (RA)
This zone is intended to promote residential agricultural district uses.
Market overview
Demographics & Economy
Deerfield, MA has 1,538 residents in 533 households. Density runs 84 people per square mile. Median household income here is $100,917 and median gross rent $1,631 a month.
1,538
Population
533
Households
2.9
Avg Household Size
40
Median Age
47%
College-Educated
97%
High-School Grad
18.4 sq mi
ZIP Area
84
Density / Sq Mi
$100,917
Median Household Income
$49,966
Median Earnings
$1,631
Median Rent
$363,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Greenfield | — | — |
| Montague | — | — |
| Conway | — | — |
| Sunderland | — | — |
Commercial property in Deerfield, MA asks $66/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Deerfield?
Commercial property in Deerfield, MA asks an average of $66 per square foot. The 6 most recent recorded sales traded at a median of $192/SF.
What zoning applies to commercial property in Deerfield?
Deerfield, MA zones 21,576 acres across 8 districts, of which 8.2% is commercial and 1.8% industrial. The largest single district is Residential Agricultural at 86.3% of zoned land. This zone is intended to promote residential agricultural district uses. Residential zoning covers 89.9% and open space 0%.
Where does Realmo's Deerfield market data come from?
Realmo compiles Deerfield, MA figures from 7 recent recorded sales, 7 active sale listings, 3 active lease listings, 297 tracked off-market properties, the current Deerfield zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 3 active for-lease listings in Deerfield, 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: 21,576 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 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
