Commercial Real Estate Market in Winchester, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
19 active listings and 255 off-market properties in Winchester, MA. Commercial property asks $295/SF to buy and $20.00/SF/Yr to lease.
Market Trends
Winchester, MA spans 6.0 square miles in Middlesex County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Winchester, 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 Winchester, 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 Winchester, 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 Winchester, 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 50.6%
- Civic 46.3%
- Commercial 1.8%
- Industrial 1.3%
Largest Zones share of zoned land by district
Conservancy Institutional
Residential A
Residential B
General Residence
Planned Residential District
Conservancy Institutional (SCI-0.50)
The intent of this district is to promote limited conservancy institutional uses.
Market overview
Demographics & Economy
Winchester, MA has 22,970 residents in 8,283 households. Density runs 3,808 people per square mile. Median household income here is $218,176 and median gross rent $2,271 a month.
22,970
Population
8,283
Households
2.8
Avg Household Size
43
Median Age
78%
College-Educated
97%
High-School Grad
6 sq mi
ZIP Area
3,808
Density / Sq Mi
$218,176
Median Household Income
$107,083
Median Earnings
$2,271
Median Rent
$1,181,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Watertown | — | $31.50 |
| Stoneham | — | $22.00 |
| Arlington | — | $33.18 |
| Medford | — | $22.82 |
Commercial property in Winchester, MA asks $295/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Winchester?
Commercial property in Winchester, MA asks an average of $295 per square foot. The 7 most recent recorded sales traded at a median of $249/SF, so asking sits 18% above the achieved median. Multifamily carries the highest asking price at $318/SF.
How much does it cost to lease commercial space in Winchester?
Asking lease rates in Winchester, MA average $20.00 per square foot per year.
Where does Realmo's Winchester market data come from?
Realmo compiles Winchester, MA figures from 7 recent recorded sales, 12 active sale listings, 7 active lease listings, 255 tracked off-market properties, the current Winchester zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 12 active for-sale and 7 active for-lease listings in Winchester, 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: 3,952 zoned acres across 13 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
