Commercial Real Estate Market in Newtonville, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
161 active listings and 1,224 off-market properties in Newtonville, MA. Commercial property asks $462/SF to buy and $36.88/SF/Yr to lease.
Market Trends
Newtonville, MA spans 4.0 square miles in Middlesex County, Massachusetts. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Newtonville, 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 Newtonville, 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 Newtonville, 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 Newtonville, MA asks $359/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
Market overview
Demographics & Economy
Newtonville, MA has 23,590 residents in 9,935 households. Density runs 5,880 people per square mile. Median household income here is $156,693 and median gross rent $2,435 a month.
23,590
Population
9,935
Households
2.4
Avg Household Size
42
Median Age
76%
College-Educated
97%
High-School Grad
4 sq mi
ZIP Area
5,880
Density / Sq Mi
$156,693
Median Household Income
$78,726
Median Earnings
$2,435
Median Rent
$1,129,501
Median Home Value
Tools
Lease vs Buy Breakeven
At $36.88/SF/Yr lease vs $462/SF buy → buying wins if held > 2.3 years.
At a 8% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Newton | — | $36.88 |
| Brookline | — | $65.75 |
| Belmont | — | $34.25 |
| Waltham | — | $22.64 |
Commercial property in Newtonville, MA asks $462/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Newtonville?
Commercial property in Newtonville, MA asks an average of $462 per square foot. The 6 most recent recorded sales traded at a median of $451/SF, so asking sits 2% above the achieved median. Multifamily carries the highest asking price at $359/SF.
How much does it cost to lease commercial space in Newtonville?
Asking lease rates in Newtonville, MA average $36.88 per square foot per year.
Is it cheaper to lease or buy commercial space in Newtonville?
Buying beats leasing in Newtonville, MA if the property is held longer than 2.3 years, comparing $36.88/SF/Yr asking rent with $462/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's Newtonville market data come from?
Realmo compiles Newtonville, MA figures from 6 recent recorded sales, 69 active sale listings, 92 active lease listings, 1,224 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 69 active for-sale and 92 active for-lease listings in Newtonville, 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 30 September 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 30 September 2026 · How Realmo checks market page data · Report a data issue
