Commercial Real Estate Market in Norton, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
21 active listings and 309 off-market properties in Norton, MA. Commercial property asks $116/SF to buy and $7.50/SF/Yr to lease.
Market Trends
Norton, MA spans 27.8 square miles in Bristol County, Massachusetts. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Norton, 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 Norton, 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 Norton, 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 Norton, MA asks $225/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 85.3%
- Commercial 8.5%
- Industrial 5.9%
Largest Zones share of zoned land by district
Residential Eighty
Residential Sixty
Residential Forty
Commercial
Industrial
Norton, MA zones 17,999 acres across 7 districts. Commercial zoning covers 8.5% of zoned land, residential 85.3% and industrial 5.9%. The largest single district is Residential Eighty at 36.1%. For commercial buyers the practical constraint is that only 14.4% of land carries a commercial or industrial designation.
Residential Eighty (R80)
In Commercial Districts adjacent to the boundary of a Residential Eighty (R-80), Residential Sixty (R-60), or Residential Forty (R-40) District, there shall be provided, other than along a street, a buffer strip not less than 50 feet wide. Such buffer strip shall be landscaped and planted with grass, shrubs, trees or other plants which may provide a visual s…
Market overview
Demographics & Economy
Norton, MA has 19,202 residents in 6,725 households. Density runs 690 people per square mile. Median household income here is $127,404 and median gross rent $1,986 a month.
19,202
Population
6,725
Households
2.9
Avg Household Size
41
Median Age
46%
College-Educated
94%
High-School Grad
27.8 sq mi
ZIP Area
690
Density / Sq Mi
$127,404
Median Household Income
$60,134
Median Earnings
$1,986
Median Rent
$476,900
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Norton?
Commercial property in Norton, MA asks an average of $116 per square foot. The 5 most recent recorded sales traded at a median of $267/SF. Multifamily carries the highest asking price at $225/SF.
How much does it cost to lease commercial space in Norton?
Asking lease rates in Norton, MA average $7.50 per square foot per year.
What zoning applies to commercial property in Norton?
Norton, MA zones 17,999 acres across 7 districts, of which 8.5% is commercial and 5.9% industrial. The largest single district is Residential Eighty at 36.1% of zoned land. In Commercial Districts adjacent to the boundary of a Residential Eighty (R-80), Residential Sixty (R-60), or Residential Forty (R-40) District, there shall be provided, other than along a street, a buffer strip not less than 50 feet wide. Such buffer strip shall be landscaped and planted with grass, shrubs, trees or other plants which may provide a visual s… Residential zoning covers 85.3% and open space 0%.
Where does Realmo's Norton market data come from?
Realmo compiles Norton, MA figures from 7 recent recorded sales, 14 active sale listings, 7 active lease listings, 309 tracked off-market properties, the current Norton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 7 active for-lease listings in Norton, 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: 17,999 zoned acres across 7 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 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 · report a data issue
