Commercial Real Estate Market in Jay, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
14 active listings and 41 off-market properties in Jay, ME.
Market Trends
Jay, ME spans 48.4 square miles in Franklin County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Jay, ME runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail space in Jay, ME asks $108/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Jay, 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%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily vacancy in Jay, ME runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Industrial 1.3%
- Residential 1.1%
Largest Zones share of zoned land by district
No Zoning
Resource Protection
Wetland
General Development
Limited Residential
Wetland (W)
W. Archaeological Sites Any proposed land use activity involving structural development or soil disturbance on or adjacent to sites listed on, or eligible to be listed on the National Register of Historic Places, as determined by the permitting authority shall be submitted by the applicant to the Maine Historic Preservation Commission for review and comment,…
Market overview
Demographics & Economy
Jay, ME has 4,620 residents in 2,171 households. Density runs 95 people per square mile. Median household income here is $77,575 and median gross rent $723 a month.
4,620
Population
2,171
Households
2.1
Avg Household Size
46
Median Age
24%
College-Educated
93%
High-School Grad
48.4 sq mi
ZIP Area
95
Density / Sq Mi
$77,575
Median Household Income
$39,620
Median Earnings
$723
Median Rent
$162,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Livermore Falls | — | — |
| Canton | — | — |
| Wilton | — | — |
| Chesterville | — | — |
Commercial property in Jay, ME asks $13/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Jay?
Commercial property in Jay, ME asks an average of $13 per square foot. Retail carries the highest asking price at $108/SF.
Where does Realmo's Jay market data come from?
Realmo compiles Jay, ME figures from 13 active sale listings, 1 active lease listings, 41 tracked off-market properties, the current Jay zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 13 active for-sale and 1 active for-lease listings in Jay, ME. 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: 31,428 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
