Commercial Real Estate Market in Franklinville, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
12 active listings and 149 off-market properties in Franklinville, NY. Commercial property asks $9/SF to buy and $12.00/SF/Yr to lease.
Market Trends
Franklinville, NY spans 106.4 square miles in Cattaraugus County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Franklinville, 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 Franklinville, 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 Franklinville, 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 Franklinville, 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
Franklinville, NY has 4,101 residents in 2,546 households. Density runs 39 people per square mile. Median household income here is $56,780 and median gross rent $806 a month.
4,101
Population
2,546
Households
1.6
Avg Household Size
43
Median Age
14%
College-Educated
88%
High-School Grad
106.4 sq mi
ZIP Area
39
Density / Sq Mi
$56,780
Median Household Income
$39,045
Median Earnings
$806
Median Rent
$99,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Machias | — | — |
| Ischua | — | — |
| Farmersville | — | — |
| West Valley | — | — |
Commercial property in Franklinville, NY asks $9/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Franklinville?
Commercial property in Franklinville, NY asks an average of $9 per square foot. The 7 most recent recorded sales traded at a median of $23/SF. Retail carries the highest asking price at $172/SF.
How much does it cost to lease commercial space in Franklinville?
Asking lease rates in Franklinville, NY average $12.00 per square foot per year.
Where does Realmo's Franklinville market data come from?
Realmo compiles Franklinville, NY figures from 8 recent recorded sales, 9 active sale listings, 3 active lease listings, 149 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 9 active for-sale and 3 active for-lease listings in Franklinville, 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
