Commercial Real Estate Market in Hatfield, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
34 active listings and 353 off-market properties in Hatfield, MA. Commercial property asks $168/SF to buy and $33.36/SF/Yr to lease.
Market Trends
Hatfield, MA spans 9.2 square miles in Hampshire County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Hatfield, 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 Hatfield, 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 Hatfield, 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 Hatfield, 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 60.6%
- Agricultural 20.1%
- Industrial 10.6%
- Commercial 3%
Largest Zones share of zoned land by district
Rural Residential
Outlying Residential
Agricultural
Industrial
Town Center
Hatfield, MA zones 10,408 acres across 8 districts. Commercial zoning covers 3% of zoned land, residential 60.6% and industrial 10.6%. The largest single district is Rural Residential at 31.8%. For commercial buyers the practical constraint is that only 13.6% of land carries a commercial or industrial designation.
Rural Residential (RR)
The purpose of this district RR is to promote Rural Residential uses.
Market overview
Demographics & Economy
Hatfield, MA has 2,522 residents in 1,119 households. Density runs 273 people per square mile. Median household income here is $112,083 and median gross rent $1,458 a month.
2,522
Population
1,119
Households
2.3
Avg Household Size
53
Median Age
56%
College-Educated
97%
High-School Grad
9.2 sq mi
ZIP Area
273
Density / Sq Mi
$112,083
Median Household Income
$56,576
Median Earnings
$1,458
Median Rent
$450,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Whately | — | — |
| Hadley | — | $25.97 |
| Northampton | — | $36.04 |
| Amherst | — | $29.08 |
Commercial property in Hatfield, MA asks $168/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hatfield?
Commercial property in Hatfield, MA asks an average of $168 per square foot. The 6 most recent recorded sales traded at a median of $149/SF, so asking sits 13% above the achieved median.
How much does it cost to lease commercial space in Hatfield?
Asking lease rates in Hatfield, MA average $33.36 per square foot per year.
What zoning applies to commercial property in Hatfield?
Hatfield, MA zones 10,408 acres across 8 districts, of which 3% is commercial and 10.6% industrial. The largest single district is Rural Residential at 31.8% of zoned land. The purpose of this district RR is to promote Rural Residential uses. Residential zoning covers 60.6% and open space 0%.
Where does Realmo's Hatfield market data come from?
Realmo compiles Hatfield, MA figures from 7 recent recorded sales, 14 active sale listings, 20 active lease listings, 353 tracked off-market properties, the current Hatfield zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 20 active for-lease listings in Hatfield, 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: 10,408 zoned acres across 8 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
