Commercial Real Estate Market in Halfmoon, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
132 active listings and 901 off-market properties in Halfmoon, NY. Commercial property asks $41/SF to buy and $14.13/SF/Yr to lease.
Market Trends
Halfmoon, NY spans 35.1 square miles in Saratoga County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Halfmoon, NY asks $279/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 Halfmoon, NY asks $192/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 Halfmoon, 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 Halfmoon, NY asks $227/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 58.5%
- Planned_development 16.7%
- Industrial 10.4%
- Commercial 8.2%
- Mixed use 3.1%
Largest Zones share of zoned land by district
Agricultural Residential
Residential
Commercial
Light Industrial Commercial
Clean Manufacturing
Halfmoon, NY zones 20,662 acres across 71 districts. Commercial zoning covers 8.2% of zoned land, residential 58.5% and industrial 10.4%. The largest single district is Agricultural Residential at 29.7%. For commercial buyers the practical constraint is that only 18.7% of land carries a commercial or industrial designation.
Residential (R-1)
Any use permitted upon issuance of a special permit in an R-1 Residence District. § 165-13 Professional Office/Residence District. The purpose of this district is to allow a combination of professional offices and residential uses. It is intended to provide a transition along heavily travelled roadways between these uses. Office uses are intended to be servi…
Market overview
Demographics & Economy
Halfmoon, NY has 43,893 residents in 19,506 households. Density runs 1,250 people per square mile. Median household income here is $115,681 and median gross rent $1,419 a month.
43,893
Population
19,506
Households
2.3
Avg Household Size
42
Median Age
53%
College-Educated
95%
High-School Grad
35.1 sq mi
ZIP Area
1,250
Density / Sq Mi
$115,681
Median Household Income
$61,692
Median Earnings
$1,419
Median Rent
$356,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Clifton Park Center | — | $14.13 |
| Mechanicville | — | — |
| Dunsbach Ferry | $128 (county avg) | $7.44 |
| Waterford | — | — |
Commercial property in Halfmoon, NY asks $41/SF. That compares with $128/SF in Dunsbach Ferry.
Frequently Asked Questions
What is the average price per square foot for commercial property in Halfmoon?
Commercial property in Halfmoon, NY asks an average of $41 per square foot. The 4 most recent recorded sales traded at a median of $225/SF. Office carries the highest asking price at $279/SF.
How much does it cost to lease commercial space in Halfmoon?
Asking lease rates in Halfmoon, NY average $14.13 per square foot per year.
How does Halfmoon compare to nearby markets on price?
Halfmoon, NY asks $41/SF against $128/SF in Dunsbach Ferry.
What zoning applies to commercial property in Halfmoon?
Halfmoon, NY zones 20,662 acres across 71 districts, of which 8.2% is commercial and 10.4% industrial. The largest single district is Agricultural Residential at 29.7% of zoned land. Residential zoning covers 58.5% and open space 0%.
Where does Realmo's Halfmoon market data come from?
Realmo compiles Halfmoon, NY figures from 6 recent recorded sales, 64 active sale listings, 68 active lease listings, 901 tracked off-market properties, the current Halfmoon zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 64 active for-sale and 68 active for-lease listings in Halfmoon, 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: 20,662 zoned acres across 71 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
