Commercial Real Estate Market in Litchfield, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
23 active listings and 17 off-market properties in Litchfield, ME.
Market Trends
Litchfield, ME spans 37.4 square miles in Kennebec County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Litchfield, ME asks $95/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Litchfield, ME asks $127/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 Litchfield, 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 space in Litchfield, ME asks $118/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 86.7%
- Planned_development 5.5%
- Commercial 4%
Largest Zones share of zoned land by district
Rural
Limited Residential Shoreland Zone
Planned Development
Village
Resource Protection Shoreland Zone
Litchfield, ME zones 24,513 acres across 5 districts. Commercial zoning covers 4% of zoned land, residential 86.7%. The largest single district is Rural at 80.6%. For commercial buyers the practical constraint is that only 4% of land carries a commercial or industrial designation.
Rural (R)
The purpose of rural district constitutes the majority of land area within the community and is designated in order of preference for agriculture, forestry, open space, recreation, resource based activities, and low density housing, Cottage industries and home occupations in compliance with the Ordinance are allowed
Market overview
Demographics & Economy
Litchfield, ME has 3,586 residents in 1,993 households. Density runs 96 people per square mile. Median household income here is $75,329 and median gross rent $1,088 a month.
3,586
Population
1,993
Households
1.8
Avg Household Size
47
Median Age
24%
College-Educated
92%
High-School Grad
37.4 sq mi
ZIP Area
96
Density / Sq Mi
$75,329
Median Household Income
$43,409
Median Earnings
$1,088
Median Rent
$236,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| West Gardiner | — | — |
| Monmouth | — | — |
| Wales | — | — |
| Gardiner | — | — |
Commercial property in Litchfield, ME asks $338/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Litchfield?
Commercial property in Litchfield, ME asks an average of $338 per square foot. Retail carries the highest asking price at $127/SF.
What zoning applies to commercial property in Litchfield?
Litchfield, ME zones 24,513 acres across 5 districts, of which 4% is commercial and 0% industrial. The largest single district is Rural at 80.6% of zoned land. The purpose of rural district constitutes the majority of land area within the community and is designated in order of preference for agriculture, forestry, open space, recreation, resource based activities, and low density housing, Cottage industries and home occupations in compliance with the Ordinance are allowed Residential zoning covers 86.7% and open space 0%.
Where does Realmo's Litchfield market data come from?
Realmo compiles Litchfield, ME figures from 23 active sale listings, 17 tracked off-market properties, the current Litchfield zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 23 active for-sale and 0 active for-lease listings in Litchfield, 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: 24,513 zoned acres across 5 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
