Commercial Real Estate Market in Swampscott, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
12 active listings and 117 off-market properties in Swampscott, MA. Commercial property asks $508/SF to buy and $40.00/SF/Yr to lease.
Market Trends
Swampscott, MA spans 3.0 square miles in Essex County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Swampscott, 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 Swampscott, 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 Swampscott, 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 Swampscott, MA asks $324/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 86.2%
- Commercial 8%
- Industrial 5.6%
- Planned_development 0.3%
Largest Zones share of zoned land by district
Residence
Residence
Residence
Industrial
Business
Swampscott, MA zones 1,985 acres across 10 districts. Commercial zoning covers 8% of zoned land, residential 86.2% and industrial 5.6%. The largest single district is Residence at 52.3%. For commercial buyers the practical constraint is that only 13.6% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Swampscott, MA has 15,148 residents in 6,666 households. Density runs 5,011 people per square mile. Median household income here is $127,714 and median gross rent $2,206 a month.
15,148
Population
6,666
Households
2.3
Avg Household Size
45
Median Age
62%
College-Educated
97%
High-School Grad
3 sq mi
ZIP Area
5,011
Density / Sq Mi
$127,714
Median Household Income
$70,837
Median Earnings
$2,206
Median Rent
$690,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lynn | — | $20.63 |
| Marblehead | — | $36.08 |
| Nahant | — | — |
| Salem | — | $22.21 |
Commercial property in Swampscott, MA asks $508/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Swampscott?
Commercial property in Swampscott, MA asks an average of $508 per square foot. The 3 most recent recorded sales traded at a median of $283/SF, so asking sits 79% above the achieved median. Multifamily carries the highest asking price at $324/SF.
How much does it cost to lease commercial space in Swampscott?
Asking lease rates in Swampscott, MA average $40.00 per square foot per year.
What zoning applies to commercial property in Swampscott?
Swampscott, MA zones 1,985 acres across 10 districts, of which 8% is commercial and 5.6% industrial. The largest single district is Residence at 52.3% of zoned land. Residential zoning covers 86.2% and open space 0%.
Where does Realmo's Swampscott market data come from?
Realmo compiles Swampscott, MA figures from 3 recent recorded sales, 9 active sale listings, 3 active lease listings, 117 tracked off-market properties, the current Swampscott zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 9 active for-sale and 3 active for-lease listings in Swampscott, 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: 1,985 zoned acres across 10 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
