Commercial Real Estate Market in Randolph, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
4 active listings and 202 off-market properties in Randolph, NY.
Market Trends
Randolph, NY spans 76.6 square miles in Cattaraugus County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Randolph, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail space in Randolph, NY asks $172/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Randolph, 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 Randolph, NY asks $94/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
Randolph, NY has 4,141 residents in 1,936 households. Density runs 54 people per square mile. Median household income here is $78,393 and median gross rent $682 a month.
4,141
Population
1,936
Households
2.1
Avg Household Size
41
Median Age
24%
College-Educated
87%
High-School Grad
76.6 sq mi
ZIP Area
54
Density / Sq Mi
$78,393
Median Household Income
$43,156
Median Earnings
$682
Median Rent
$112,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| East Randolph | — | — |
| Steamburg | — | — |
| Kennedy | — | — |
| Ellington | — | — |
Commercial property in Randolph, NY asks $66/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Randolph?
Commercial property in Randolph, NY asks an average of $66 per square foot. The 7 most recent recorded sales traded at a median of $22/SF, so asking sits 198% above the achieved median. Retail carries the highest asking price at $172/SF.
Where does Realmo's Randolph market data come from?
Realmo compiles Randolph, NY figures from 8 recent recorded sales, 4 active sale listings, 202 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 4 active for-sale and 0 active for-lease listings in Randolph, 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, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- 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
