Commercial Real Estate Market in Ghent, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
12 active listings and 93 off-market properties in Ghent, NY.
Market Trends
Ghent, NY spans 36.3 square miles in Columbia County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ghent, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Ghent, NY runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Ghent, 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 Ghent, NY asks $230/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 96.6%
- Commercial 2.3%
- Special 1.1%
Largest Zones share of zoned land by district
Residential Agricultural 1
Residential Agricultural 2
Commercial 1
Airport
Village Business
Ghent, NY zones 55,464 acres across 10 districts. Commercial zoning covers 2.3% of zoned land, residential 96.6%. The largest single district is Residential Agricultural 1 at 67.6%. For commercial buyers the practical constraint is that only 2.3% of land carries a commercial or industrial designation.
Residential Agricultural 1 (RRA-1)
To permit tracts of land of considerable size in the RRA-1, RRA-2, HR, and VR zoning districts to be developed and designed as harmonious units. (2) To permit the establishment of uses of land, buildings and other structures that are not otherwise permitted when such uses would be beneficial to the Town. (3) To permit the design and construction of buildings…
Market overview
Demographics & Economy
Ghent, NY has 3,135 residents in 1,348 households. Density runs 86 people per square mile. Median household income here is $83,443 and median gross rent $1,375 a month.
3,135
Population
1,348
Households
2.3
Avg Household Size
50
Median Age
37%
College-Educated
88%
High-School Grad
36.3 sq mi
ZIP Area
86
Density / Sq Mi
$83,443
Median Household Income
$48,368
Median Earnings
$1,375
Median Rent
$384,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Chatham | — | $6.96 |
| Philmont | — | — |
| Spencertown | — | — |
| Red Rock | — | — |
Commercial property in Ghent, NY asks $140/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ghent?
Commercial property in Ghent, NY asks an average of $140 per square foot. The 3 most recent recorded sales traded at a median of $65/SF, so asking sits 115% above the achieved median. Multifamily carries the highest asking price at $230/SF.
What zoning applies to commercial property in Ghent?
Ghent, NY zones 55,464 acres across 10 districts, of which 2.3% is commercial and 0% industrial. The largest single district is Residential Agricultural 1 at 67.6% of zoned land. To permit tracts of land of considerable size in the RRA-1, RRA-2, HR, and VR zoning districts to be developed and designed as harmonious units. (2) To permit the establishment of uses of land, buildings and other structures that are not otherwise permitted when such uses would be beneficial to the Town. (3) To permit the design and construction of buildings… Residential zoning covers 96.6% and open space 0%.
Where does Realmo's Ghent market data come from?
Realmo compiles Ghent, NY figures from 4 recent recorded sales, 10 active sale listings, 2 active lease listings, 93 tracked off-market properties, the current Ghent zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 10 active for-sale and 2 active for-lease listings in Ghent, 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.
- Zoning and land use
- The current municipal zoning release: 55,464 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, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- 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
