Commercial Real Estate Market in Hammondsport, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
18 active listings and 116 off-market properties in Hammondsport, NY.
Market Trends
Hammondsport, NY spans 58.6 square miles in Steuben County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Hammondsport, 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 Hammondsport, 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 Hammondsport, 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 Hammondsport, NY asks $66/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
Hammondsport, NY has 2,905 residents in 2,774 households. Density runs 50 people per square mile. Median household income here is $84,663 and median gross rent $754 a month.
2,905
Population
2,774
Households
1
Avg Household Size
55
Median Age
37%
College-Educated
95%
High-School Grad
58.6 sq mi
ZIP Area
50
Density / Sq Mi
$84,663
Median Household Income
$40,082
Median Earnings
$754
Median Rent
$223,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bath | — | — |
| Bradford | — | — |
| Wayne | — | — |
| Kanona | — | — |
Commercial property in Hammondsport, NY asks $459/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hammondsport?
Commercial property in Hammondsport, NY asks an average of $459 per square foot. The 6 most recent recorded sales traded at a median of $79/SF, so asking sits 480% above the achieved median. Multifamily carries the highest asking price at $66/SF.
Where does Realmo's Hammondsport market data come from?
Realmo compiles Hammondsport, NY figures from 6 recent recorded sales, 18 active sale listings, 116 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 18 active for-sale and 0 active for-lease listings in Hammondsport, 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, 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
