Commercial Real Estate Market in Pelham, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 17 off-market properties in Pelham, MA.
Market Trends
Pelham, MA spans 53.3 square miles in Hampshire County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Pelham, 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 Pelham, 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 Pelham, 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 Pelham, MA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 99.3%
- Civic 0.4%
- Mixed use 0.3%
- Commercial 0%
Largest Zones share of zoned land by district
Residential
Village Center Rural Edge
Village Center Neighborhood
Village Center Mixed Use
Limited Business
Pelham, MA zones 16,094 acres across 5 districts. Commercial zoning covers 0% of zoned land, residential 99.3%. The largest single district is Residential at 98.4%. For commercial buyers the practical constraint is that only 0% of land carries a commercial or industrial designation.
Residential (R)
The purpose of this district is to promote agriculture, forestry, recreation, and land conservation, as well as compatible open space and rural uses by encouraging such activities and siting development in a manner that preserves large tracts of contiguous open space and protects the Town's watersheds, natural resources, and wildlife habitat (including Bio M…
Market overview
Demographics & Economy
Pelham, MA has 27,558 residents in 11,089 households. Density runs 517 people per square mile. Median household income here is $69,411 and median gross rent $1,561 a month.
27,558
Population
11,089
Households
2.5
Avg Household Size
30
Median Age
74%
College-Educated
97%
High-School Grad
53.3 sq mi
ZIP Area
517
Density / Sq Mi
$69,411
Median Household Income
$22,570
Median Earnings
$1,561
Median Rent
$449,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Shutesbury | — | — |
| Amherst | — | $29.08 |
| Leverett | — | — |
| Belchertown | — | $15.45 |
Frequently Asked Questions
What zoning applies to commercial property in Pelham?
Pelham, MA zones 16,094 acres across 5 districts, of which 0% is commercial and 0% industrial. The largest single district is Residential at 98.4% of zoned land. The purpose of this district is to promote agriculture, forestry, recreation, and land conservation, as well as compatible open space and rural uses by encouraging such activities and siting development in a manner that preserves large tracts of contiguous open space and protects the Town's watersheds, natural resources, and wildlife habitat (including Bio M… Residential zoning covers 99.3% and open space 0%.
Where does Realmo's Pelham market data come from?
Realmo compiles Pelham, MA figures from 1 active sale listings, 17 tracked off-market properties, the current Pelham zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Pelham, 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: 16,094 zoned acres across 5 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
