Commercial Real Estate Market in Hornell, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
27 active listings and 539 off-market properties in Hornell, NY.
Market Trends
Hornell, NY spans 95.7 square miles in Steuben County, New York. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Hornell, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Retail vacancy in Hornell, NY runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Hornell, 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%.
Multifamily
Multifamily space in Hornell, NY has a median asking sale price of $88/SF (based on 4 listings). Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Civic 65.2%
- Commercial 19.5%
- Industrial 13.4%
Largest Zones share of zoned land by district
I-1 Light Industrial District. Buildings and land in I-1 Light Industrial Districts shall be used and buildings shall be erected, altered and moved only for the uses set forth as permitted in the following regulations and which meet all performances standards set forth in this Code. (1) Principal buildings and uses. Principal uses shall be as follows: indust…
Market overview
Demographics & Economy
Hornell, NY has 12,637 residents in 6,353 households. Density runs 132 people per square mile. Median household income here is $56,004 and median gross rent $766 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Hornell?
Where does Realmo's Hornell market data come from?
Methodology & data sources
- Asking prices and medians
- There are 22 active for-sale and 5 active for-lease listings in Hornell, NY. The sale median is based on 8 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 1,753 zoned acres across 8 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
