Commercial Real Estate Market in Wilmington, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
35 active listings and 462 off-market properties in Wilmington, MA.
Market Trends
Wilmington, MA spans 17.0 square miles in Middlesex County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Wilmington, 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 Wilmington, 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 Wilmington, 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 Wilmington, MA asks $318/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 78.6%
- Industrial 18.5%
- Commercial 2.4%
- Mixed use 0.5%
Largest Zones share of zoned land by district
Residence 20
Residence 60
General Industrial
Residence 10
Highway Industrial
Wilmington, MA zones 10,957 acres across 10 districts. Commercial zoning covers 2.4% of zoned land, residential 78.6% and industrial 18.5%. The largest single district is Residence 20 at 51%. For commercial buyers the practical constraint is that only 20.9% of land carries a commercial or industrial designation.
Residence 20 (R20)
The intent of this zone is to promote residential uses
Market overview
Demographics & Economy
Wilmington, MA has 23,349 residents in 8,032 households. Density runs 1,376 people per square mile. Median household income here is $161,473 and median gross rent $2,412 a month.
23,349
Population
8,032
Households
2.9
Avg Household Size
42
Median Age
49%
College-Educated
97%
High-School Grad
17 sq mi
ZIP Area
1,376
Density / Sq Mi
$161,473
Median Household Income
$73,770
Median Earnings
$2,412
Median Rent
$646,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Burlington | — | $20.07 |
| Woburn | — | $22.10 |
| North Reading | — | $22.81 |
| Billerica | — | $16.28 |
Commercial property in Wilmington, MA asks $157/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Wilmington?
Commercial property in Wilmington, MA asks an average of $157 per square foot. The 5 most recent recorded sales traded at a median of $217/SF. Multifamily carries the highest asking price at $318/SF.
What zoning applies to commercial property in Wilmington?
Wilmington, MA zones 10,957 acres across 10 districts, of which 2.4% is commercial and 18.5% industrial. The largest single district is Residence 20 at 51% of zoned land. The intent of this zone is to promote residential uses Residential zoning covers 78.6% and open space 0%.
Where does Realmo's Wilmington market data come from?
Realmo compiles Wilmington, MA figures from 8 recent recorded sales, 7 active sale listings, 28 active lease listings, 462 tracked off-market properties, the current Wilmington zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 28 active for-lease listings in Wilmington, 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: 10,957 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
