Commercial Real Estate Market in Monterey, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 95 off-market properties in Monterey, MA.
Market Trends
Monterey, MA spans 25.9 square miles in Berkshire County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Monterey, MA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail space in Monterey, MA asks $168/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Monterey, 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 Monterey, MA asks $106/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 98.4%
- Commercial 0.2%
Largest Zones share of zoned land by district
Agricultural Residential District
Lake Shore District
Business District
Monterey, MA zones 17,011 acres across 3 districts. Commercial zoning covers 0.2% of zoned land, residential 98.4%. The largest single district is Agricultural Residential District at 98.4%. For commercial buyers the practical constraint is that only 0.2% of land carries a commercial or industrial designation.
Agricultural Residential District (ARD)
The intent of this to promote Agricultural-Residential District Uses.
Market overview
Demographics & Economy
Monterey, MA has 933 residents in 826 households. Density runs 36 people per square mile. Median household income here is $113,750.
933
Population
826
Households
1.1
Avg Household Size
55
Median Age
56%
College-Educated
91%
High-School Grad
25.9 sq mi
ZIP Area
36
Density / Sq Mi
$113,750
Median Household Income
$47,633
Median Earnings
$0
Median Rent
$602,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| New Marlborough | — | — |
| Lee | — | — |
| Tyringham | — | — |
| Sandisfield | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Monterey?
Monterey, MA zones 17,011 acres across 3 districts, of which 0.2% is commercial and 0% industrial. The largest single district is Agricultural Residential District at 98.4% of zoned land. The intent of this to promote Agricultural-Residential District Uses. Residential zoning covers 98.4% and open space 0%.
Where does Realmo's Monterey market data come from?
Realmo compiles Monterey, MA figures from 1 active sale listings, 95 tracked off-market properties, the current Monterey zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Monterey, 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: 17,011 zoned acres across 3 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
