Commercial Real Estate Market in Lancaster, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
9 active listings and 123 off-market properties in Lancaster, MA.
Market Trends
Lancaster, MA spans 27.4 square miles in Worcester County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lancaster, 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 Lancaster, 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 Lancaster, 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 Lancaster, 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 95.7%
- Commercial 0.7%
Largest Zones share of zoned land by district
Residential
Enterprise District
Residential Multi Family Permitted
General Industry
Enterprise Retail Sub District A
Lancaster, MA zones 33,421 acres across 8 districts. Commercial zoning covers 0.7% of zoned land, residential 95.7%. The largest single district is Residential at 94.9%. For commercial buyers the practical constraint is that only 0.7% of land carries a commercial or industrial designation.
General Industry (GI)
Residential NB Neighborhood Business EZ EZ-A Enterprise Enterprise Retail Subdistrict A (The requirements of the EZ district apply to the EZ-A subdistrict unless otherwise noted.) LI Light Industry LI2 Light Industry 2 GI General Industry F Floodplain (overlays all other districts: see Article VII ) WR Water Resource (overlays other districts: see § 220-39 )…
Market overview
Demographics & Economy
Lancaster, MA has 8,377 residents in 2,970 households. Density runs 305 people per square mile. Median household income here is $130,444 and median gross rent $1,985 a month.
8,377
Population
2,970
Households
2.8
Avg Household Size
42
Median Age
51%
College-Educated
95%
High-School Grad
27.4 sq mi
ZIP Area
305
Density / Sq Mi
$130,444
Median Household Income
$66,114
Median Earnings
$1,985
Median Rent
$467,400
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Lancaster?
Lancaster, MA zones 33,421 acres across 8 districts, of which 0.7% is commercial and 0% industrial. The largest single district is Residential at 94.9% of zoned land. Residential zoning covers 95.7% and open space 0%.
Where does Realmo's Lancaster market data come from?
Realmo compiles Lancaster, MA figures from 4 recent recorded sales, 8 active sale listings, 1 active lease listings, 123 tracked off-market properties, the current Lancaster zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 8 active for-sale and 1 active for-lease listings in Lancaster, 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: 33,421 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
