Commercial Real Estate Market in Marblehead, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
26 active listings and 375 off-market properties in Marblehead, MA. Commercial property asks $7,890/SF to buy and $36.08/SF/Yr to lease.
Market Trends
Marblehead, MA spans 4.4 square miles in Essex County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Marblehead, 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 Marblehead, 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 Marblehead, 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 Marblehead, MA asks $324/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 91.8%
- Industrial 2.7%
- Civic 2.4%
- Commercial 1.7%
Largest Zones share of zoned land by district
Single Residence
Shoreline Single Residence
Shoreline Expand Single Residence
Expanded Single Residence
Central Residence
Marblehead, MA zones 3,590 acres across 16 districts. Commercial zoning covers 1.7% of zoned land, residential 91.8% and industrial 2.7%. The largest single district is Single Residence at 48.6%. For commercial buyers the practical constraint is that only 4.4% of land carries a commercial or industrial designation.
Single Residence (SR)
The intent of SR district is to allow one family dwelling.
Market overview
Demographics & Economy
Marblehead, MA has 20,462 residents in 8,899 households. Density runs 4,619 people per square mile. Median household income here is $164,325 and median gross rent $1,769 a month.
20,462
Population
8,899
Households
2.3
Avg Household Size
49
Median Age
77%
College-Educated
99%
High-School Grad
4.4 sq mi
ZIP Area
4,619
Density / Sq Mi
$164,325
Median Household Income
$83,539
Median Earnings
$1,769
Median Rent
$904,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Salem | — | $22.21 |
| Swampscott | — | — |
| Peabody | — | $23.16 |
| Beverly | — | $17.52 |
Commercial property in Marblehead, MA asks $7,890/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Marblehead?
Commercial property in Marblehead, MA asks an average of $7,890 per square foot. The 5 most recent recorded sales traded at a median of $275/SF, so asking sits 2773% above the achieved median. Multifamily carries the highest asking price at $324/SF.
How much does it cost to lease commercial space in Marblehead?
Asking lease rates in Marblehead, MA average $36.08 per square foot per year.
What zoning applies to commercial property in Marblehead?
Marblehead, MA zones 3,590 acres across 16 districts, of which 1.7% is commercial and 2.7% industrial. The largest single district is Single Residence at 48.6% of zoned land. The intent of SR district is to allow one family dwelling. Residential zoning covers 91.8% and open space 0%.
Where does Realmo's Marblehead market data come from?
Realmo compiles Marblehead, MA figures from 7 recent recorded sales, 10 active sale listings, 16 active lease listings, 375 tracked off-market properties, the current Marblehead zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 10 active for-sale and 16 active for-lease listings in Marblehead, 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: 3,590 zoned acres across 16 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, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- 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
