Commercial Real Estate Market in Franklin, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
18 active listings and 86 off-market properties in Franklin, NY. Commercial property asks $13/SF to buy and $12.17/SF/Yr to lease.
Market Trends
Franklin, NY spans 55.5 square miles in Delaware County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Franklin, 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 Franklin, NY asks $106/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 Franklin, 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 Franklin, NY asks $152/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
Franklin, NY has 1,745 residents in 1,240 households. Density runs 31 people per square mile. Median household income here is $68,939 and median gross rent $747 a month.
1,745
Population
1,240
Households
1.4
Avg Household Size
48
Median Age
24%
College-Educated
93%
High-School Grad
55.5 sq mi
ZIP Area
31
Density / Sq Mi
$68,939
Median Household Income
$43,611
Median Earnings
$747
Median Rent
$185,029
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Wells Bridge | — | — |
| Youngs | — | — |
| West Delhi | — | — |
| East Masonville | — | — |
Commercial property in Franklin, NY asks $13/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Franklin?
Commercial property in Franklin, NY asks an average of $13 per square foot. The 5 most recent recorded sales traded at a median of $139/SF. Multifamily carries the highest asking price at $152/SF.
How much does it cost to lease commercial space in Franklin?
Asking lease rates in Franklin, NY average $12.17 per square foot per year.
Where does Realmo's Franklin market data come from?
Realmo compiles Franklin, NY figures from 5 recent recorded sales, 17 active sale listings, 1 active lease listings, 86 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 17 active for-sale and 1 active for-lease listings in Franklin, 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
