Commercial Real Estate Market in Depew, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
181 active listings and 2,033 off-market properties in Depew, NY. Commercial property asks $100/SF to buy and $17.72/SF/Yr to lease.
Market Trends
Depew, NY spans 9.1 square miles in Erie County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Depew, NY asks $117/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 Depew, NY asks $73/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 Depew, NY 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 Depew, NY asks $103/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 28.2%
- Commercial 8.1%
Largest Zones share of zoned land by district
Light Industry
Single Family Residential
Shopping Center
Two Family And Multifamily Residential
Heavy Industry
Light Industry (M-1)
M-1 Light Industry District. Purpose: to provide areas within the Village for the location of manufacturing and processing facilities, as well as office, research and service establishments, where compatible industries will be located in an organized manner so as to ensure the efficient development of the industrial use and compatibility with adjacent uses a…
Market overview
Demographics & Economy
Depew, NY has 24,962 residents in 11,743 households. Density runs 2,747 people per square mile. Median household income here is $73,373 and median gross rent $1,072 a month.
24,962
Population
11,743
Households
2.1
Avg Household Size
45
Median Age
27%
College-Educated
94%
High-School Grad
9.1 sq mi
ZIP Area
2,747
Density / Sq Mi
$73,373
Median Household Income
$50,263
Median Earnings
$1,072
Median Rent
$192,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cheektowaga | $100 (county avg) | $17.72 |
| Elma | $100 (county avg) | $12.06 |
| Townline | $100 (county avg) | — |
Commercial property in Depew, NY asks $100/SF. The 3 bordering markets run from $100/SF in Cheektowaga to $100/SF in Cheektowaga, and the city sits in line with their $100/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Depew?
Commercial property in Depew, NY asks an average of $100 per square foot. Office carries the highest asking price at $117/SF.
How much does it cost to lease commercial space in Depew?
Asking lease rates in Depew, NY average $17.72 per square foot per year.
How does Depew compare to nearby markets on price?
Depew, NY asks $100/SF against $100/SF in Cheektowaga, $100/SF in Elma and $100/SF in Townline.
Where does Realmo's Depew market data come from?
Realmo compiles Depew, NY figures from 4 recent recorded sales, 107 active sale listings, 74 active lease listings, 2,033 tracked off-market properties, the current Depew zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 107 active for-sale and 74 active for-lease listings in Depew, NY. 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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: 2,789 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 30 September 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 30 September 2026 · report a data issue
