Commercial Real Estate Market in Wenham, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 31 off-market properties in Wenham, MA.
Market Trends
Wenham, MA spans 7.7 square miles in Essex County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Wenham, 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 Wenham, 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 Wenham, 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 Wenham, 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 99.5%
- Commercial 0.5%
Largest Zones share of zoned land by district
Residential
Business
Wenham, MA zones 5,082 acres across 2 districts. Commercial zoning covers 0.5% of zoned land, residential 99.5%. The largest single district is Residential at 99.5%. For commercial buyers the practical constraint is that only 0.5% of land carries a commercial or industrial designation.
Residential (R)
The purpose of this district R is to promote Residential uses.
Market overview
Demographics & Economy
Wenham, MA has 4,979 residents in 1,390 households. Density runs 650 people per square mile. Median household income here is $187,652.
4,979
Population
1,390
Households
3.6
Avg Household Size
30
Median Age
70%
College-Educated
100%
High-School Grad
7.7 sq mi
ZIP Area
650
Density / Sq Mi
$187,652
Median Household Income
$28,991
Median Earnings
$0
Median Rent
$841,800
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Wenham?
Wenham, MA zones 5,082 acres across 2 districts, of which 0.5% is commercial and 0% industrial. The largest single district is Residential at 99.5% of zoned land. The purpose of this district R is to promote Residential uses. Residential zoning covers 99.5% and open space 0%.
Where does Realmo's Wenham market data come from?
Realmo compiles Wenham, MA figures from 1 active sale listings, 1 active lease listings, 31 tracked off-market properties, the current Wenham zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 1 active for-lease listings in Wenham, 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: 5,082 zoned acres across 2 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
