Commercial Real Estate Market in Halifax, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
9 active listings and 112 off-market properties in Halifax, MA.
Market Trends
Halifax, MA spans 16.0 square miles in Plymouth County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Halifax, 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 Halifax, 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 Halifax, 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 Halifax, 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 62.3%
- Special 27.3%
- Industrial 7.9%
- Commercial 2.5%
Largest Zones share of zoned land by district
Residential
Conservancy
Industrial
Commercial Business
Industrial 2
Halifax, MA zones 11,158 acres across 5 districts. Commercial zoning covers 2.5% of zoned land, residential 62.3% and industrial 7.9%. The largest single district is Residential at 62.3%. For commercial buyers the practical constraint is that only 10.5% of land carries a commercial or industrial designation.
Conservancy (C)
C.40a, S. 3) of religious uses and of educational uses on land controlled by public, non-profit or religious bodies. Only the dimensional aspects of such activities may be regulated and this must be through "reasonable regulations". In any case zoning can not cause anything to happen. It just allows development if the market is there. And if a use is allowed…
Market overview
Demographics & Economy
Halifax, MA has 7,749 residents in 3,041 households. Density runs 485 people per square mile. Median household income here is $106,851 and median gross rent $1,494 a month.
7,749
Population
3,041
Households
2.5
Avg Household Size
45
Median Age
33%
College-Educated
96%
High-School Grad
16 sq mi
ZIP Area
485
Density / Sq Mi
$106,851
Median Household Income
$60,941
Median Earnings
$1,494
Median Rent
$442,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hanson | — | $15.82 |
| Plympton | — | — |
| East Bridgewater | — | — |
| Bridgewater | — | — |
Frequently Asked Questions
How much does it cost to lease commercial space in Halifax?
Asking lease rates in Halifax, MA average $24.00 per square foot per year.
What zoning applies to commercial property in Halifax?
Halifax, MA zones 11,158 acres across 5 districts, of which 2.5% is commercial and 7.9% industrial. The largest single district is Residential at 62.3% of zoned land. Residential zoning covers 62.3% and open space 0%.
Where does Realmo's Halifax market data come from?
Realmo compiles Halifax, MA figures from 3 recent recorded sales, 4 active sale listings, 5 active lease listings, 112 tracked off-market properties, the current Halifax 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 5 active for-lease listings in Halifax, 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: 11,158 zoned acres across 5 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
