Commercial Real Estate Market in Mexico, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
8 active listings and 143 off-market properties in Mexico, NY.
Market Trends
Mexico, NY spans 63.0 square miles in Oswego County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Mexico, 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 Mexico, 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 Mexico, 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 Mexico, NY asks $71/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 84.3%
- Commercial 12.8%
- Industrial 2.9%
Largest Zones share of zoned land by district
Residential
Residential Business
Business
Residential
Industrial
Mexico, NY zones 1,309 acres across 5 districts. Commercial zoning covers 12.8% of zoned land, residential 84.3% and industrial 2.9%. The largest single district is Residential at 81.2%. For commercial buyers the practical constraint is that only 15.7% of land carries a commercial or industrial designation.
Residential (R)
The purpose and intent of the Residential zoning district is to recognize the existence of residential and agricultural uses in a traditional village setting and to encourage the continuation and development of these uses in a harmonious manner.
Market overview
Demographics & Economy
Mexico, NY has 6,596 residents in 3,351 households. Density runs 105 people per square mile. Median household income here is $73,328 and median gross rent $811 a month.
6,596
Population
3,351
Households
2
Avg Household Size
42
Median Age
18%
College-Educated
87%
High-School Grad
63 sq mi
ZIP Area
105
Density / Sq Mi
$73,328
Median Household Income
$37,403
Median Earnings
$811
Median Rent
$152,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| New Haven | — | — |
| Parish | — | — |
| Port Ontario | — | — |
| Hastings | — | — |
Commercial property in Mexico, NY asks $116/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Mexico?
Commercial property in Mexico, NY asks an average of $116 per square foot. The 5 most recent recorded sales traded at a median of $100/SF, so asking sits 16% above the achieved median. Multifamily carries the highest asking price at $71/SF.
What zoning applies to commercial property in Mexico?
Mexico, NY zones 1,309 acres across 5 districts, of which 12.8% is commercial and 2.9% industrial. The largest single district is Residential at 81.2% of zoned land. The purpose and intent of the Residential zoning district is to recognize the existence of residential and agricultural uses in a traditional village setting and to encourage the continuation and development of these uses in a harmonious manner. Residential zoning covers 84.3% and open space 0%.
Where does Realmo's Mexico market data come from?
Realmo compiles Mexico, NY figures from 5 recent recorded sales, 8 active sale listings, 143 tracked off-market properties, the current Mexico zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 8 active for-sale and 0 active for-lease listings in Mexico, 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: 1,309 zoned acres across 5 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 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
