Commercial Real Estate Market in Ellicottville, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
46 active listings and 151 off-market properties in Ellicottville, NY. Commercial property asks $90/SF to buy and $14.87/SF/Yr to lease.
Market Trends
Ellicottville, NY spans 45.5 square miles in Cattaraugus County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ellicottville, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail space in Ellicottville, NY asks $172/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 Ellicottville, 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 Ellicottville, NY asks $94/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
Market overview
Demographics & Economy
Ellicottville, NY has 1,269 residents in 2,501 households. Density runs 28 people per square mile. Median household income here is $64,091 and median gross rent $908 a month.
1,269
Population
2,501
Households
0.5
Avg Household Size
54
Median Age
37%
College-Educated
94%
High-School Grad
45.5 sq mi
ZIP Area
28
Density / Sq Mi
$64,091
Median Household Income
$37,750
Median Earnings
$908
Median Rent
$255,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Little Valley | — | — |
| Humphrey | — | — |
| Salamanca | — | — |
| East Otto | — | — |
Commercial property in Ellicottville, NY asks $90/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ellicottville?
Commercial property in Ellicottville, NY asks an average of $90 per square foot. The 4 most recent recorded sales traded at a median of $280/SF. Retail carries the highest asking price at $172/SF.
How much does it cost to lease commercial space in Ellicottville?
Asking lease rates in Ellicottville, NY average $14.87 per square foot per year.
Where does Realmo's Ellicottville market data come from?
Realmo compiles Ellicottville, NY figures from 4 recent recorded sales, 43 active sale listings, 3 active lease listings, 151 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 43 active for-sale and 3 active for-lease listings in Ellicottville, 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.
- 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.
- 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
