Commercial Real Estate Market in Norton Hill, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
15 active listings and 111 off-market properties in Norton Hill, NY.
Market Trends
Norton Hill, NY spans 43.7 square miles in Greene County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Norton Hill, 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 Norton Hill, 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 Norton Hill, 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 Norton Hill, NY asks $180/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
Norton Hill, NY has 3,592 residents in 1,492 households. Density runs 82 people per square mile. Median household income here is $84,004 and median gross rent $833 a month.
3,592
Population
1,492
Households
2.4
Avg Household Size
46
Median Age
33%
College-Educated
95%
High-School Grad
43.7 sq mi
ZIP Area
82
Density / Sq Mi
$84,004
Median Household Income
$49,890
Median Earnings
$833
Median Rent
$265,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Medusa | $127 (county avg) | — |
| Westerlo | $127 (county avg) | — |
| Preston Hollow | $127 (county avg) | — |
Commercial property in Norton Hill, NY asks $5/SF. The 3 bordering markets run from $127/SF in Medusa to $127/SF in Medusa, and the city sits below their $127/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Norton Hill?
Commercial property in Norton Hill, NY asks an average of $5 per square foot. The 4 most recent recorded sales traded at a median of $182/SF. Multifamily carries the highest asking price at $180/SF.
How does Norton Hill compare to nearby markets on price?
Norton Hill, NY asks $5/SF against $127/SF in Medusa, $127/SF in Westerlo and $127/SF in Preston Hollow.
Where does Realmo's Norton Hill market data come from?
Realmo compiles Norton Hill, NY figures from 4 recent recorded sales, 14 active sale listings, 1 active lease listings, 111 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 14 active for-sale and 1 active for-lease listings in Norton Hill, 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
