Commercial Real Estate Market in Oakham, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Oakham, MA spans 21.7 square miles in Worcester County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Oakham, 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 Oakham, 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 Oakham, 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 Oakham, MA asks $216/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 100%
Largest Zones share of zoned land by district
Agricultural And Rural Residential
Oakham, MA zones 27,182 acres across 1 districts. The largest single district is Agricultural And Rural Residential at 100%.
Market overview
Demographics & Economy
Oakham, MA has 1,904 residents in 697 households. Density runs 88 people per square mile. Median household income here is $96,207 and median gross rent $1,208 a month.
1,904
Population
697
Households
2.7
Avg Household Size
48
Median Age
39%
College-Educated
94%
High-School Grad
21.7 sq mi
ZIP Area
88
Density / Sq Mi
$96,207
Median Household Income
$53,026
Median Earnings
$1,208
Median Rent
$379,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Rutland | — | — |
| New Braintree | — | — |
| Barre | — | — |
| Paxton | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Oakham?
Oakham, MA zones 27,182 acres across 1 districts, of which 0% is commercial and 0% industrial. The largest single district is Agricultural And Rural Residential at 100% of zoned land. Residential zoning covers 100% and open space 0%.
Where does Realmo's Oakham market data come from?
Realmo compiles Oakham, MA figures from 2 recent recorded sales, 18 tracked off-market properties, the current Oakham zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- 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: 27,182 zoned acres across 1 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
