Commercial Real Estate Market in Newry, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
13 active listings and 34 off-market properties in Newry, ME.
Market Trends
Newry, ME spans 208.0 square miles in Oxford County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Newry, 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 Newry, ME asks $52/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 Newry, 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 Newry, ME asks $122/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 0.4%
- Industrial 0.1%
Largest Zones share of zoned land by district
No Zoning
Resource Protection
Limited Residential
Limited Commercial
Limited Residential (LR)
Allowed with permit issued by the Planning Board. CEO - Allowed with permit issued by the Code Enforcement Officer LPI - Allowed with permit issued by the Local Plumbing Inspector Abbreviations: RP - Resource Protection LR - Limited Residential LC - Limited Commercial SP - Stream Protection The following notes are applicable to the Land Uses Table on the fol…
Market overview
Demographics & Economy
Newry, ME has 488 residents in 1,669 households. Density runs 2 people per square mile. Median household income here is $41,250 and median gross rent $950 a month.
488
Population
1,669
Households
0.3
Avg Household Size
57
Median Age
26%
College-Educated
99%
High-School Grad
208 sq mi
ZIP Area
2
Density / Sq Mi
$41,250
Median Household Income
$30,250
Median Earnings
$950
Median Rent
$167,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bethel | — | — |
| Albany Township | — | — |
| Mason Township | — | — |
| Hanover | — | — |
Commercial property in Newry, ME asks $19/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Newry?
Commercial property in Newry, ME asks an average of $19 per square foot. Multifamily carries the highest asking price at $122/SF.
Where does Realmo's Newry market data come from?
Realmo compiles Newry, ME figures from 13 active sale listings, 34 tracked off-market properties, the current Newry 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 0 active for-lease listings in Newry, 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: 39,402 zoned acres across 4 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
