Commercial Real Estate Market in Framingham, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
125 active listings and 1,282 off-market properties in Framingham, MA. Commercial property asks $120/SF to buy and $22.21/SF/Yr to lease.
Market Trends
Framingham, MA spans 25.1 square miles in Middlesex County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Framingham, 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 Framingham, 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 Framingham, 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 Framingham, MA asks $318/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 82.7%
- Industrial 8.5%
- Commercial 4.9%
- Mixed use 1.7%
- Open space 1.2%
- Planned_development 1.1%
Largest Zones share of zoned land by district
Single Family Residence 43560 Square Feet Lots
Single Family Residence 8000 Square Feet Lots
Single Family Residence 20000 Square Feet Lots
General Residence
General Manufacturing
Framingham, MA zones 16,943 acres across 19 districts. Commercial zoning covers 4.9% of zoned land, residential 82.7%, open space 1.2% and industrial 8.5%. The largest single district is Single Family Residence 43560 Square Feet Lots at 30.7%. For commercial buyers the practical constraint is that only 13.4% of land carries a commercial or industrial designation.
Single Family Residence 43560 Square Feet Lots (R-4)
Located in a R-3 or R-4 Single-Family Residential Zoning District; (b) Consistent with the definition of an active farm; and (c) Not have been subdivided into smaller parcels, including approval not required (ANR), within a five-year period prior to submission of an application for § 435-40 herein. (2) Development requirements. The development of the active…
Market overview
Demographics & Economy
Framingham, MA has 72,520 residents in 28,434 households. Density runs 2,889 people per square mile. Median household income here is $100,728 and median gross rent $1,891 a month.
72,520
Population
28,434
Households
2.6
Avg Household Size
39
Median Age
49%
College-Educated
88%
High-School Grad
25.1 sq mi
ZIP Area
2,889
Density / Sq Mi
$100,728
Median Household Income
$54,481
Median Earnings
$1,891
Median Rent
$585,901
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Southborough | — | — |
| Ashland | — | $32.83 |
| Sudbury | — | $27.17 |
| Marlborough | — | $32.27 |
Commercial property in Framingham, MA asks $120/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Framingham?
Commercial property in Framingham, MA asks an average of $120 per square foot. The 7 most recent recorded sales traded at a median of $245/SF. Multifamily carries the highest asking price at $318/SF.
How much does it cost to lease commercial space in Framingham?
Asking lease rates in Framingham, MA average $22.21 per square foot per year.
What zoning applies to commercial property in Framingham?
Framingham, MA zones 16,943 acres across 19 districts, of which 4.9% is commercial and 8.5% industrial. The largest single district is Single Family Residence 43560 Square Feet Lots at 30.7% of zoned land. Located in a R-3 or R-4 Single-Family Residential Zoning District; (b) Consistent with the definition of an active farm; and (c) Not have been subdivided into smaller parcels, including approval not required (ANR), within a five-year period prior to submission of an application for § 435-40 herein. (2) Development requirements. The development of the active… Residential zoning covers 82.7% and open space 1.2%.
Where does Realmo's Framingham market data come from?
Realmo compiles Framingham, MA figures from 8 recent recorded sales, 56 active sale listings, 69 active lease listings, 1,282 tracked off-market properties, the current Framingham zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 56 active for-sale and 69 active for-lease listings in Framingham, 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: 16,943 zoned acres across 19 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
