Commercial Real Estate Market in East Longmeadow, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
52 active listings and 385 off-market properties in East Longmeadow, MA. Commercial property asks $261/SF to buy and $20.30/SF/Yr to lease.
Market Trends
East Longmeadow, MA spans 12.9 square miles in Hampden County, Massachusetts. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in East Longmeadow, 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 East Longmeadow, 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 East Longmeadow, 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 East Longmeadow, MA asks $148/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
Market overview
Demographics & Economy
East Longmeadow, MA has 16,417 residents in 6,051 households. Density runs 1,271 people per square mile. Median household income here is $100,997 and median gross rent $1,229 a month.
16,417
Population
6,051
Households
2.7
Avg Household Size
46
Median Age
47%
College-Educated
94%
High-School Grad
12.9 sq mi
ZIP Area
1,271
Density / Sq Mi
$100,997
Median Household Income
$58,108
Median Earnings
$1,229
Median Rent
$344,100
Median Home Value
Tools
Lease vs Buy Breakeven
At $20.30/SF/Yr lease vs $261/SF buy → buying wins if held > 2.4 years.
At a 7.8% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Enfield | — | $16.05 |
| Springfield | — | $16.35 |
| Hampden | — | $20.00 |
Commercial property in East Longmeadow, MA asks $261/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in East Longmeadow?
Commercial property in East Longmeadow, MA asks an average of $261 per square foot. The 6 most recent recorded sales traded at a median of $100/SF, so asking sits 159% above the achieved median. Multifamily carries the highest asking price at $148/SF.
How much does it cost to lease commercial space in East Longmeadow?
Asking lease rates in East Longmeadow, MA average $20.30 per square foot per year.
Is it cheaper to lease or buy commercial space in East Longmeadow?
Buying beats leasing in East Longmeadow, MA if the property is held longer than 2.4 years, comparing $20.30/SF/Yr asking rent with $261/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's East Longmeadow market data come from?
Realmo compiles East Longmeadow, MA figures from 8 recent recorded sales, 23 active sale listings, 29 active lease listings, 385 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 October 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 23 active for-sale and 29 active for-lease listings in East Longmeadow, 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.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 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 October 2026 · How Realmo checks market page data · Report a data issue
