Commercial Real Estate Market in Methuen, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
62 active listings and 683 off-market properties in Methuen, MA. Commercial property asks $77/SF to buy and $25.10/SF/Yr to lease.
Market Trends
Methuen, MA spans 22.1 square miles in Essex County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Methuen, 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 Methuen, 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 Methuen, 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 Methuen, 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 69.2%
- Civic 11.2%
- Industrial 7.9%
- Commercial 7.3%
- Planned_development 4.5%
Largest Zones share of zoned land by district
Rural Residential
Single Residence
Conservancy
Single Residence
Single Residence
Methuen, MA zones 14,632 acres across 15 districts. Commercial zoning covers 7.3% of zoned land, residential 69.2% and industrial 7.9%. The largest single district is Rural Residential at 29.4%. For commercial buyers the practical constraint is that only 15.2% of land carries a commercial or industrial designation.
Single Residence (RD)
RD Single-Family Residence District. The Single-Family Residence District RD is composed of developed lots approximately 10,000 square feet in size. RG General Residence Districts. The General Residence District RG is composed of all those areas so designated on the official zoning map, and like the preceding districts is generally served by local streets an…
Market overview
Demographics & Economy
Methuen, MA has 52,970 residents in 19,496 households. Density runs 2,397 people per square mile. Median household income here is $103,292 and median gross rent $1,610 a month.
52,970
Population
19,496
Households
2.7
Avg Household Size
42
Median Age
30%
College-Educated
89%
High-School Grad
22.1 sq mi
ZIP Area
2,397
Density / Sq Mi
$103,292
Median Household Income
$52,176
Median Earnings
$1,610
Median Rent
$471,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lawrence | — | $20.20 |
| Salem | — | $19.17 |
| Andover | — | $28.99 |
| Dracut | — | $16.04 |
Commercial property in Methuen, MA asks $77/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Methuen?
Commercial property in Methuen, MA asks an average of $77 per square foot. The 3 most recent recorded sales traded at a median of $274/SF. Multifamily carries the highest asking price at $324/SF.
How much does it cost to lease commercial space in Methuen?
Asking lease rates in Methuen, MA average $25.10 per square foot per year.
What zoning applies to commercial property in Methuen?
Methuen, MA zones 14,632 acres across 15 districts, of which 7.3% is commercial and 7.9% industrial. The largest single district is Rural Residential at 29.4% of zoned land. Residential zoning covers 69.2% and open space 0%.
Where does Realmo's Methuen market data come from?
Realmo compiles Methuen, MA figures from 5 recent recorded sales, 26 active sale listings, 36 active lease listings, 683 tracked off-market properties, the current Methuen zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 26 active for-sale and 36 active for-lease listings in Methuen, 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: 14,632 zoned acres across 15 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
