Commercial Real Estate Market in Randolph, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
16 active listings and 329 off-market properties in Randolph, MA. Commercial property asks $175/SF to buy and $24.60/SF/Yr to lease.
Market Trends
Randolph, MA spans 9.3 square miles in Norfolk County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Randolph, 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 Randolph, 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 Randolph, 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 Randolph, MA asks $386/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 85.7%
- Industrial 8.4%
- Commercial 5.9%
Largest Zones share of zoned land by district
Residential Single Family High Density District
Residential Single Family Medium Density District
Industrial District
Residential Multifamily District
Crawford Square Business District
Randolph, MA zones 6,662 acres across 13 districts. Commercial zoning covers 5.9% of zoned land, residential 85.7% and industrial 8.4%. The largest single district is Residential Single Family High Density District at 67.4%. For commercial buyers the practical constraint is that only 14.3% of land carries a commercial or industrial designation.
Residential Single Family High Density District (RSHDD)
RSHDD district intended to promote single family dwellings.
Market overview
Demographics & Economy
Randolph, MA has 35,025 residents in 13,091 households. Density runs 3,757 people per square mile. Median household income here is $103,321 and median gross rent $2,049 a month.
35,025
Population
13,091
Households
2.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
9.3 sq mi
ZIP Area
3,757
Density / Sq Mi
$103,321
Median Household Income
$52,614
Median Earnings
$2,049
Median Rent
$464,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Holbrook | — | $11.37 |
| Avon | — | $18.33 |
| Braintree | — | $24.05 |
| Stoughton | — | $21.50 |
Commercial property in Randolph, MA asks $175/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Randolph?
Commercial property in Randolph, MA asks an average of $175 per square foot. The 4 most recent recorded sales traded at a median of $450/SF. Multifamily carries the highest asking price at $386/SF.
How much does it cost to lease commercial space in Randolph?
Asking lease rates in Randolph, MA average $24.60 per square foot per year.
What zoning applies to commercial property in Randolph?
Randolph, MA zones 6,662 acres across 13 districts, of which 5.9% is commercial and 8.4% industrial. The largest single district is Residential Single Family High Density District at 67.4% of zoned land. RSHDD district intended to promote single family dwellings. Residential zoning covers 85.7% and open space 0%.
Where does Realmo's Randolph market data come from?
Realmo compiles Randolph, MA figures from 6 recent recorded sales, 7 active sale listings, 9 active lease listings, 329 tracked off-market properties, the current Randolph zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 9 active for-lease listings in Randolph, 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: 6,662 zoned acres across 13 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
