Commercial Real Estate Market in Somerset, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
10 active listings and 268 off-market properties in Somerset, MA.
Market Trends
Somerset, MA spans 7.9 square miles in Bristol County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Somerset, 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 Somerset, 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 Somerset, 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 Somerset, MA asks $229/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 80.1%
- Industrial 9.5%
- Commercial 7.9%
- Open space 2.5%
Largest Zones share of zoned land by district
Residential District
Industrial District
Business District
Open Recreational District
Limited Business District
Somerset, MA zones 5,230 acres across 7 districts. Commercial zoning covers 7.9% of zoned land, residential 80.1%, open space 2.5% and industrial 9.5%. The largest single district is Residential District at 80.1%. For commercial buyers the practical constraint is that only 17.4% of land carries a commercial or industrial designation.
Residential District (R)
The intent of this zone is to promote residential uses.
Market overview
Demographics & Economy
Somerset, MA has 18,303 residents in 7,587 households. Density runs 2,317 people per square mile. Median household income here is $112,843 and median gross rent $1,316 a month.
18,303
Population
7,587
Households
2.4
Avg Household Size
46
Median Age
37%
College-Educated
92%
High-School Grad
7.9 sq mi
ZIP Area
2,317
Density / Sq Mi
$112,843
Median Household Income
$67,259
Median Earnings
$1,316
Median Rent
$389,358
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Swansea | — | $13.63 |
| Warren | — | $29.46 |
| Fall River | — | $11.90 |
| Bristol | — | — |
Commercial property in Somerset, MA asks $515/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Somerset?
Commercial property in Somerset, MA asks an average of $515 per square foot. The 6 most recent recorded sales traded at a median of $145/SF, so asking sits 255% above the achieved median. Multifamily carries the highest asking price at $229/SF.
What zoning applies to commercial property in Somerset?
Somerset, MA zones 5,230 acres across 7 districts, of which 7.9% is commercial and 9.5% industrial. The largest single district is Residential District at 80.1% of zoned land. The intent of this zone is to promote residential uses. Residential zoning covers 80.1% and open space 2.5%.
Where does Realmo's Somerset market data come from?
Realmo compiles Somerset, MA figures from 7 recent recorded sales, 8 active sale listings, 2 active lease listings, 268 tracked off-market properties, the current Somerset zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 8 active for-sale and 2 active for-lease listings in Somerset, 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: 5,230 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 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, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- 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
