Commercial Real Estate Market in Pittsfield, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
32 active listings and 39 off-market properties in Pittsfield, ME.
Market Trends
Pittsfield, ME spans 48.2 square miles in Somerset County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Pittsfield, 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 Pittsfield, ME asks $119/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 Pittsfield, 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 Pittsfield, ME asks $101/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
- Agricultural 19.6%
- Residential 2%
- Civic 1.7%
- Industrial 1.5%
- Planned_development 0.9%
- Commercial 0.9%
Largest Zones share of zoned land by district
No Zoning
Rural District
One And Two Family Residential
One Family And Community Residential
Industrial District
Rural District (C-4)
Rural District - C-4 SPECIAL DISTRICTS Agricultural Protection District (APD) Riverfront District (RF) Scenic Overlay District (SOD) Airport Overlay District (AOD) 13-10 B. ONE FAMILY RESIDENTIAL DISTRICT (R-1) The purpose of the R-1 residential district is to provide an area for high quality, upscale single-family neighborhoods on larger lots served by the…
Market overview
Demographics & Economy
Pittsfield, ME has 3,908 residents in 1,815 households. Density runs 81 people per square mile. Median household income here is $55,822 and median gross rent $879 a month.
3,908
Population
1,815
Households
2.2
Avg Household Size
42
Median Age
23%
College-Educated
93%
High-School Grad
48.2 sq mi
ZIP Area
81
Density / Sq Mi
$55,822
Median Household Income
$37,572
Median Earnings
$879
Median Rent
$145,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Detroit | — | — |
| Palmyra | — | — |
| Burnham | — | — |
| Newport | — | — |
Commercial property in Pittsfield, ME asks $40/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Pittsfield?
Commercial property in Pittsfield, ME asks an average of $40 per square foot. Retail carries the highest asking price at $119/SF.
Where does Realmo's Pittsfield market data come from?
Realmo compiles Pittsfield, ME figures from 4 recent recorded sales, 32 active sale listings, 39 tracked off-market properties, the current Pittsfield zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 32 active for-sale and 0 active for-lease listings in Pittsfield, 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: 31,179 zoned acres across 10 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
