Commercial Real Estate Market in Madison, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 45 off-market properties in Madison, NY.
Market Trends
Madison, NY spans 23.9 square miles in Madison County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Madison, 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 Madison, 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 Madison, 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 vacancy in Madison, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Madison, NY has 1,364 residents in 712 households. Density runs 57 people per square mile. Median household income here is $62,204 and median gross rent $694 a month.
1,364
Population
712
Households
1.9
Avg Household Size
39
Median Age
19%
College-Educated
95%
High-School Grad
23.9 sq mi
ZIP Area
57
Density / Sq Mi
$62,204
Median Household Income
$47,991
Median Earnings
$694
Median Rent
$140,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Solsville | — | — |
| Pine Woods | — | — |
| Augusta | — | — |
| Knoxboro | — | — |
Commercial property in Madison, NY asks $752/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Madison?
Commercial property in Madison, NY asks an average of $752 per square foot.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 0 active for-lease listings in Madison, 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
