Commercial Real Estate Market in New Salem, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
3 active listings and 31 off-market properties in New Salem, MA.
Market Trends
New Salem, MA spans 47.5 square miles in Franklin County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in New Salem, 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 New Salem, 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 New Salem, 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 New Salem, MA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
New Salem, MA has 879 residents in 460 households. Density runs 19 people per square mile. Median household income here is $80,327 and median gross rent $1,180 a month.
879
Population
460
Households
1.9
Avg Household Size
53
Median Age
37%
College-Educated
98%
High-School Grad
47.5 sq mi
ZIP Area
19
Density / Sq Mi
$80,327
Median Household Income
$41,020
Median Earnings
$1,180
Median Rent
$357,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Orange | — | — |
| Wendell | — | — |
| Shutesbury | — | — |
| Petersham | — | — |
Commercial property in New Salem, MA asks $248/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in New Salem?
Commercial property in New Salem, MA asks an average of $248 per square foot.
Methodology & data sources
- Asking prices and averages
- Computed from 3 active for-sale and 0 active for-lease listings in New Salem, 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.
- 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
