Commercial Real Estate Market in Topsfield, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
8 active listings and 182 off-market properties in Topsfield, MA. Commercial property asks $218/SF to buy and $15.00/SF/Yr to lease.
Market Trends
Topsfield, MA spans 11.9 square miles in Essex County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Topsfield, 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 Topsfield, 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 Topsfield, 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 Topsfield, 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 98.2%
- Commercial 1.8%
Largest Zones share of zoned land by district
Outlying Residential And Agricultural District
Inner Residential And Agricultural District
Central Residential District
Business District Highway
Business Park District
Topsfield, MA zones 8,131 acres across 8 districts. Commercial zoning covers 1.8% of zoned land, residential 98.2%. The largest single district is Outlying Residential And Agricultural District at 63.3%. For commercial buyers the practical constraint is that only 1.8% of land carries a commercial or industrial designation.
Outlying Residential And Agricultural District (ORA)
Agricultural District, and all provisions of this By -Law governing ORA uses, including the dimensional and density requirements of Article IV hereof, shall apply to any such ORA uses in the Business Park District. (Art. 45, 5/9/78; Art. 23, 5/5/81) 3.07 Uses in Residential Districts. In addition to those uses set forth in the Table of Use Regulations, the f…
Market overview
Demographics & Economy
Topsfield, MA has 6,569 residents in 2,319 households. Density runs 552 people per square mile. Median household income here is $176,698 and median gross rent $1,003 a month.
6,569
Population
2,319
Households
2.8
Avg Household Size
47
Median Age
73%
College-Educated
98%
High-School Grad
11.9 sq mi
ZIP Area
552
Density / Sq Mi
$176,698
Median Household Income
$74,872
Median Earnings
$1,003
Median Rent
$810,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Boxford | — | — |
| Wenham | — | — |
| Danvers | — | $19.05 |
| Middleton | — | $23.56 |
Commercial property in Topsfield, MA asks $218/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Topsfield?
Commercial property in Topsfield, MA asks an average of $218 per square foot. The 5 most recent recorded sales traded at a median of $345/SF. Multifamily carries the highest asking price at $324/SF.
How much does it cost to lease commercial space in Topsfield?
Asking lease rates in Topsfield, MA average $15.00 per square foot per year.
What zoning applies to commercial property in Topsfield?
Topsfield, MA zones 8,131 acres across 8 districts, of which 1.8% is commercial and 0% industrial. The largest single district is Outlying Residential And Agricultural District at 63.3% of zoned land. Agricultural District, and all provisions of this By -Law governing ORA uses, including the dimensional and density requirements of Article IV hereof, shall apply to any such ORA uses in the Business Park District. (Art. 45, 5/9/78; Art. 23, 5/5/81) 3.07 Uses in Residential Districts. In addition to those uses set forth in the Table of Use Regulations, the f… Residential zoning covers 98.2% and open space 0%.
Where does Realmo's Topsfield market data come from?
Realmo compiles Topsfield, MA figures from 7 recent recorded sales, 6 active sale listings, 2 active lease listings, 182 tracked off-market properties, the current Topsfield zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 2 active for-lease listings in Topsfield, 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: 8,131 zoned acres across 8 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
