Commercial Real Estate Market in Templeton, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
15 active listings and 371 off-market properties in Templeton, MA.
Market Trends
Templeton, MA spans 22.0 square miles in Worcester County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Templeton, 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 Templeton, 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 Templeton, 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 Templeton, MA asks $216/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 93.7%
- Industrial 5.1%
- Commercial 0.3%
Largest Zones share of zoned land by district
Residential Agricultural 2
Residential Agricultural 1
Residential Agricultural 5
Commercial Industrial B
Commercial Industrial A
Templeton, MA zones 38,995 acres across 7 districts. Commercial zoning covers 0.3% of zoned land, residential 93.7% and industrial 5.1%. The largest single district is Residential Agricultural 2 at 60.2%. For commercial buyers the practical constraint is that only 5.3% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Templeton, MA has 4,309 residents in 1,823 households. Density runs 196 people per square mile. Median household income here is $110,938 and median gross rent $1,308 a month.
4,309
Population
1,823
Households
2.4
Avg Household Size
43
Median Age
35%
College-Educated
97%
High-School Grad
22 sq mi
ZIP Area
196
Density / Sq Mi
$110,938
Median Household Income
$68,781
Median Earnings
$1,308
Median Rent
$358,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Phillipston | — | — |
| Hubbardston | — | — |
| Athol | — | $11.38 |
| Petersham | — | — |
Commercial property in Templeton, MA asks $438/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Templeton?
Commercial property in Templeton, MA asks an average of $438 per square foot. The 7 most recent recorded sales traded at a median of $108/SF, so asking sits 305% above the achieved median. Multifamily carries the highest asking price at $216/SF.
What zoning applies to commercial property in Templeton?
Templeton, MA zones 38,995 acres across 7 districts, of which 0.3% is commercial and 5.1% industrial. The largest single district is Residential Agricultural 2 at 60.2% of zoned land. Residential zoning covers 93.7% and open space 0%.
Where does Realmo's Templeton market data come from?
Realmo compiles Templeton, MA figures from 8 recent recorded sales, 15 active sale listings, 371 tracked off-market properties, the current Templeton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 15 active for-sale and 0 active for-lease listings in Templeton, 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: 38,995 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
