Commercial Real Estate Market in Jefferson, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
12 active listings and 245 off-market properties in Jefferson, MA. Commercial property asks $292/SF to buy and $15.50/SF/Yr to lease.
Market Trends
Jefferson, MA spans 15.7 square miles in Worcester County, Massachusetts. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Jefferson, 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 Jefferson, 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 Jefferson, 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 Jefferson, MA asks $194/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
Market overview
Demographics & Economy
Jefferson, MA has 3,464 residents in 1,199 households. Density runs 221 people per square mile. Median household income here is $118,824 and median gross rent $1,100 a month.
3,464
Population
1,199
Households
2.9
Avg Household Size
43
Median Age
54%
College-Educated
98%
High-School Grad
15.7 sq mi
ZIP Area
221
Density / Sq Mi
$118,824
Median Household Income
$62,168
Median Earnings
$1,100
Median Rent
$386,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Holden | — | — |
| Rutland | — | — |
| West Boylston | — | $12.33 |
Commercial property in Jefferson, MA asks $292/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Jefferson?
Commercial property in Jefferson, MA asks an average of $292 per square foot. The 7 most recent recorded sales traded at a median of $307/SF. Multifamily carries the highest asking price at $194/SF.
How much does it cost to lease commercial space in Jefferson?
Asking lease rates in Jefferson, MA average $15.50 per square foot per year.
Where does Realmo's Jefferson market data come from?
Realmo compiles Jefferson, MA figures from 8 recent recorded sales, 9 active sale listings, 3 active lease listings, 245 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 9 active for-sale and 3 active for-lease listings in Jefferson, 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.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 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 30 September 2026 · report a data issue
