Commercial Real Estate Market in Granby, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
4 active listings and 113 off-market properties in Granby, MA.
Market Trends
Granby, MA spans 27.8 square miles in Hampshire County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Granby, 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 Granby, 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 Granby, 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 Granby, 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 96.4%
- Industrial 1.8%
- Commercial 1.8%
Largest Zones share of zoned land by district
Residential Single Family Units
Industrial
General Business
Residential Multifamily Units
Granby, MA zones 17,988 acres across 4 districts. Commercial zoning covers 1.8% of zoned land, residential 96.4% and industrial 1.8%. The largest single district is Residential Single Family Units at 96.2%. For commercial buyers the practical constraint is that only 3.6% of land carries a commercial or industrial designation.
Residential Single Family Units (RS)
The purpose of this district RS is to promote Residential Single Family Units uses.
Market overview
Demographics & Economy
Granby, MA has 6,092 residents in 2,768 households. Density runs 219 people per square mile. Median household income here is $110,188.
6,092
Population
2,768
Households
2.2
Avg Household Size
47
Median Age
37%
College-Educated
94%
High-School Grad
27.8 sq mi
ZIP Area
219
Density / Sq Mi
$110,188
Median Household Income
$65,625
Median Earnings
$0
Median Rent
$319,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| South Hadley | — | $18.85 |
| Belchertown | — | $15.45 |
| Hadley | — | $25.97 |
| Holyoke | — | $13.88 |
Commercial property in Granby, MA asks $85/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Granby?
Commercial property in Granby, MA asks an average of $85 per square foot.
What zoning applies to commercial property in Granby?
Granby, MA zones 17,988 acres across 4 districts, of which 1.8% is commercial and 1.8% industrial. The largest single district is Residential Single Family Units at 96.2% of zoned land. The purpose of this district RS is to promote Residential Single Family Units uses. Residential zoning covers 96.4% and open space 0%.
Where does Realmo's Granby market data come from?
Realmo compiles Granby, MA figures from 3 recent recorded sales, 4 active sale listings, 113 tracked off-market properties, the current Granby zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 4 active for-sale and 0 active for-lease listings in Granby, 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: 17,988 zoned acres across 4 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
