Commercial Real Estate Market in South Hadley, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
22 active listings and 311 off-market properties in South Hadley, MA. Commercial property asks $21/SF to buy and $18.44/SF/Yr to lease.
Market Trends
South Hadley, MA spans 17.7 square miles in Hampshire County, Massachusetts. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in South Hadley, 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 South Hadley, 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 South Hadley, 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 South Hadley, MA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
South Hadley, MA has 18,168 residents in 7,597 households. Density runs 1,025 people per square mile. Median household income here is $93,646 and median gross rent $1,264 a month.
18,168
Population
7,597
Households
2.4
Avg Household Size
41
Median Age
50%
College-Educated
96%
High-School Grad
17.7 sq mi
ZIP Area
1,025
Density / Sq Mi
$93,646
Median Household Income
$46,960
Median Earnings
$1,264
Median Rent
$324,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Granby | — | — |
| Holyoke | — | $16.24 |
| Easthampton | — | $15.87 |
| Northampton | — | $24.49 |
Commercial property in South Hadley, MA asks $21/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in South Hadley?
Commercial property in South Hadley, MA asks an average of $21 per square foot. The 5 most recent recorded sales traded at a median of $179/SF.
How much does it cost to lease commercial space in South Hadley?
Asking lease rates in South Hadley, MA average $18.44 per square foot per year.
Where does Realmo's South Hadley market data come from?
Realmo compiles South Hadley, MA figures from 6 recent recorded sales, 10 active sale listings, 12 active lease listings, 311 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 October 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 10 active for-sale and 12 active for-lease listings in South Hadley, 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.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 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 October 2026 · How Realmo checks market page data · Report a data issue
