Commercial Real Estate Market in Farmington, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
19 active listings and 336 off-market properties in Farmington, ME.
Market Trends
Farmington, ME spans 122.5 square miles in Franklin County, Maine. Figures below refresh monthly; last updated 31 October 2026.
Office
Across Franklin County, office space asks $168/SF to buy. Office vacancy in Farmington, ME runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Franklin County, retail space asks $69/SF to buy. Retail vacancy in Farmington, ME runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Farmington, ME runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Multifamily
Across Franklin County, multifamily space asks $84/SF to buy. Multifamily vacancy in Farmington, ME runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Commercial 91.6%
- Industrial 8.4%
Largest Zones share of zoned land by district
Farmington, ME zones 35,472 acres across 6 districts. Commercial zoning covers 91.6% of zoned land, industrial 8.4%. The largest single district is Farm And Forest at 84.1%. For commercial buyers the practical constraint is that only 100% of land carries a commercial or industrial designation.
The purpose of the Farm and Forest District is to maintain those areas that have traditionally been used for farming and forestry as rural areas, to preserve large areas of open space with limited amounts of residential development, and to allow appropriate businesses.
Market overview
Demographics & Economy
Farmington, ME has 9,592 residents in 4,936 households. Density runs 78 people per square mile. Median household income here is $54,281 and median gross rent $910 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Farmington?
What zoning applies to commercial property in Farmington?
Where does Realmo's Farmington market data come from?
Methodology & data sources
- Asking prices and medians
- There are 19 active for-sale and 0 active for-lease listings in Farmington, ME. The sale median is based on 18 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 35,472 zoned acres across 6 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
