Commercial Real Estate Market in Ludlow, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
19 active listings and 447 off-market properties in Ludlow, MA. Commercial property asks $234/SF to buy and $16.50/SF/Yr to lease.
Market Trends
Ludlow, MA spans 27.2 square miles in Hampden County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ludlow, 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 Ludlow, 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 Ludlow, 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 Ludlow, 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
- Agricultural 73.5%
- Residential 17.5%
- Industrial 7.1%
- Commercial 1.1%
Largest Zones share of zoned land by district
Agriculture
Residential A
Industrial C
Residential B
Industrial A
Agriculture (A)
This zone is intended to promote agricultural district uses.
Market overview
Demographics & Economy
Ludlow, MA has 21,002 residents in 8,984 households. Density runs 772 people per square mile. Median household income here is $78,981 and median gross rent $1,250 a month.
21,002
Population
8,984
Households
2.3
Avg Household Size
46
Median Age
25%
College-Educated
89%
High-School Grad
27.2 sq mi
ZIP Area
772
Density / Sq Mi
$78,981
Median Household Income
$47,449
Median Earnings
$1,250
Median Rent
$303,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Wilbraham | — | — |
| Springfield | — | $17.21 |
| Chicopee | — | $16.99 |
| East Longmeadow | — | $20.07 |
Commercial property in Ludlow, MA asks $234/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ludlow?
Commercial property in Ludlow, MA asks an average of $234 per square foot. The 4 most recent recorded sales traded at a median of $155/SF, so asking sits 51% above the achieved median.
How much does it cost to lease commercial space in Ludlow?
Asking lease rates in Ludlow, MA average $16.50 per square foot per year.
Where does Realmo's Ludlow market data come from?
Realmo compiles Ludlow, MA figures from 6 recent recorded sales, 11 active sale listings, 8 active lease listings, 447 tracked off-market properties, the current Ludlow zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 11 active for-sale and 8 active for-lease listings in Ludlow, 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: 17,642 zoned acres across 9 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
