Commercial Real Estate Market in Natick, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
61 active listings and 622 off-market properties in Natick, MA. Commercial property asks $130/SF to buy and $25.42/SF/Yr to lease.
Market Trends
Natick, MA spans 14.8 square miles in Middlesex County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Natick, 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 Natick, 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 Natick, 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 Natick, MA asks $318/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 89.2%
- Commercial 3.2%
- Industrial 3.1%
- Mixed use 2%
- Civic 0.4%
Largest Zones share of zoned land by district
Residential Single A
Residential Single B
Residential Single C
Residential General
Commercial Two
Natick, MA zones 10,219 acres across 18 districts. Commercial zoning covers 3.2% of zoned land, residential 89.2% and industrial 3.1%. The largest single district is Residential Single A at 37.4%. For commercial buyers the practical constraint is that only 6.4% of land carries a commercial or industrial designation.
Residential Single A (RS-A)
The intent of the zone to promote Residential Single Family District
Market overview
Demographics & Economy
Natick, MA has 36,659 residents in 15,838 households. Density runs 2,480 people per square mile. Median household income here is $134,644 and median gross rent $2,061 a month.
36,659
Population
15,838
Households
2.3
Avg Household Size
42
Median Age
69%
College-Educated
98%
High-School Grad
14.8 sq mi
ZIP Area
2,480
Density / Sq Mi
$134,644
Median Household Income
$77,632
Median Earnings
$2,061
Median Rent
$740,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sherborn | — | — |
| Wellesley | — | $55.20 |
| Dover | — | — |
| Needham | — | $28.27 |
Commercial property in Natick, MA asks $130/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Natick?
Commercial property in Natick, MA asks an average of $130 per square foot. The 8 most recent recorded sales traded at a median of $306/SF. Multifamily carries the highest asking price at $318/SF.
How much does it cost to lease commercial space in Natick?
Asking lease rates in Natick, MA average $25.42 per square foot per year.
What zoning applies to commercial property in Natick?
Natick, MA zones 10,219 acres across 18 districts, of which 3.2% is commercial and 3.1% industrial. The largest single district is Residential Single A at 37.4% of zoned land. The intent of the zone to promote Residential Single Family District Residential zoning covers 89.2% and open space 0%.
Where does Realmo's Natick market data come from?
Realmo compiles Natick, MA figures from 8 recent recorded sales, 17 active sale listings, 44 active lease listings, 622 tracked off-market properties, the current Natick zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 17 active for-sale and 44 active for-lease listings in Natick, 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: 10,219 zoned acres across 18 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
