Commercial Real Estate Market in Pawling, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
33 active listings and 170 off-market properties in Pawling, NY. Commercial property asks $2,341/SF to buy and $21.47/SF/Yr to lease.
Market Trends
Pawling, NY spans 41.4 square miles in Dutchess County, New York. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Pawling, 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 Pawling, 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 Pawling, 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 Pawling, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Pawling, NY has 7,159 residents in 3,169 households. Density runs 173 people per square mile. Median household income here is $111,683 and median gross rent $1,309 a month.
7,159
Population
3,169
Households
2.3
Avg Household Size
48
Median Age
40%
College-Educated
93%
High-School Grad
41.4 sq mi
ZIP Area
173
Density / Sq Mi
$111,683
Median Household Income
$61,548
Median Earnings
$1,309
Median Rent
$420,900
Median Home Value
Tools
Nearby Markets
Commercial property in Pawling, NY asks $2,341/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Pawling?
Commercial property in Pawling, NY asks an average of $2,341 per square foot.
How much does it cost to lease commercial space in Pawling?
Asking lease rates in Pawling, NY average $21.47 per square foot per year.
Where does Realmo's Pawling market data come from?
Realmo compiles Pawling, NY figures from 3 recent recorded sales, 26 active sale listings, 7 active lease listings, 170 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 October 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 26 active for-sale and 7 active for-lease listings in Pawling, 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 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
