Commercial Real Estate Market in Hardwick, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
9 active listings and 110 off-market properties in Hardwick, MA.
Market Trends
Hardwick, MA spans 65.6 square miles in Worcester County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Hardwick, 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 Hardwick, 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 Hardwick, 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 Hardwick, MA asks $216/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 46.9%
- Commercial 18.7%
- Industrial 4.7%
Largest Zones share of zoned land by district
Gilbertville Village
Village Residential
Neighborhood Residential
Commercial Residential
Industrial
Hardwick, MA zones 2,037 acres across 6 districts. Commercial zoning covers 18.7% of zoned land, residential 46.9% and industrial 4.7%. The largest single district is Gilbertville Village at 29.7%. For commercial buyers the practical constraint is that only 23.4% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Hardwick, MA has 11,271 residents in 5,293 households. Density runs 172 people per square mile. Median household income here is $71,837 and median gross rent $1,049 a month.
11,271
Population
5,293
Households
2.1
Avg Household Size
44
Median Age
27%
College-Educated
92%
High-School Grad
65.6 sq mi
ZIP Area
172
Density / Sq Mi
$71,837
Median Household Income
$50,748
Median Earnings
$1,049
Median Rent
$279,807
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Barre | — | — |
| New Braintree | — | — |
| Petersham | — | — |
| Ware | — | — |
Commercial property in Hardwick, MA asks $189/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hardwick?
Commercial property in Hardwick, MA asks an average of $189 per square foot. Multifamily carries the highest asking price at $216/SF.
What zoning applies to commercial property in Hardwick?
Hardwick, MA zones 2,037 acres across 6 districts, of which 18.7% is commercial and 4.7% industrial. The largest single district is Gilbertville Village at 29.7% of zoned land. Residential zoning covers 46.9% and open space 0%.
Where does Realmo's Hardwick market data come from?
Realmo compiles Hardwick, MA figures from 9 active sale listings, 110 tracked off-market properties, the current Hardwick zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 9 active for-sale and 0 active for-lease listings in Hardwick, 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: 2,037 zoned acres across 6 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
