Commercial Real Estate Market in Fairhaven, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
26 active listings and 349 off-market properties in Fairhaven, MA. Commercial property asks $484/SF to buy and $22.00/SF/Yr to lease.
Market Trends
Fairhaven, MA spans 12.4 square miles in Bristol County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Fairhaven, 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 Fairhaven, 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 Fairhaven, 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 Fairhaven, MA asks $229/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 80.7%
- Agricultural 8.5%
- Commercial 3.8%
- Industrial 3.6%
- Open space 1.1%
- Mixed use 0.8%
Largest Zones share of zoned land by district
Rural Residence
Single Residence
Agricultural
Business
Industrial
Fairhaven, MA zones 7,927 acres across 10 districts. Commercial zoning covers 3.8% of zoned land, residential 80.7%, open space 1.1% and industrial 3.6%. The largest single district is Rural Residence at 48.2%. For commercial buyers the practical constraint is that only 7.3% of land carries a commercial or industrial designation.
Rural Residence (RR)
The intent of this zone is to promote rural residence uses.
Market overview
Demographics & Economy
Fairhaven, MA has 15,924 residents in 7,777 households. Density runs 1,286 people per square mile. Median household income here is $92,500 and median gross rent $1,071 a month.
15,924
Population
7,777
Households
2
Avg Household Size
49
Median Age
30%
College-Educated
92%
High-School Grad
12.4 sq mi
ZIP Area
1,286
Density / Sq Mi
$92,500
Median Household Income
$57,781
Median Earnings
$1,071
Median Rent
$407,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| New Bedford | — | $15.33 |
| Acushnet | — | — |
| Mattapoisett | — | — |
| Dartmouth | — | $22.50 |
Commercial property in Fairhaven, MA asks $484/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Fairhaven?
Commercial property in Fairhaven, MA asks an average of $484 per square foot. The 6 most recent recorded sales traded at a median of $142/SF, so asking sits 242% above the achieved median. Multifamily carries the highest asking price at $229/SF.
How much does it cost to lease commercial space in Fairhaven?
Asking lease rates in Fairhaven, MA average $22.00 per square foot per year.
What zoning applies to commercial property in Fairhaven?
Fairhaven, MA zones 7,927 acres across 10 districts, of which 3.8% is commercial and 3.6% industrial. The largest single district is Rural Residence at 48.2% of zoned land. The intent of this zone is to promote rural residence uses. Residential zoning covers 80.7% and open space 1.1%.
Where does Realmo's Fairhaven market data come from?
Realmo compiles Fairhaven, MA figures from 8 recent recorded sales, 20 active sale listings, 6 active lease listings, 349 tracked off-market properties, the current Fairhaven zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 20 active for-sale and 6 active for-lease listings in Fairhaven, 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: 7,927 zoned acres across 10 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
