Commercial Real Estate Market in Rome, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
111 active listings and 1,303 off-market properties in Rome, NY. Commercial property asks $42/SF to buy and $12.00/SF/Yr to lease.
Market Trends
Rome, NY spans 119.9 square miles in Oneida County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Rome, 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 Rome, 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 Rome, 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 Rome, NY asks $77/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
- Agricultural 27.6%
- Residential 24.4%
- Commercial 9.2%
- Industrial 3.7%
- Special 2.5%
- Open space 0.4%
- Civic 0.3%
Largest Zones share of zoned land by district
Natural Areas
Agricultural
Rural Residential
Griffiss Business
Single Family Residential
Natural Areas (N-A)
NA natural areas district. The NA natural areas district is intended to protect and preserve existing natural areas such as forest areas and waterways. Natural areas are maintained in a predominantly undeveloped state, though very limited development may be allowed for passive recreation and educational purposes, but must be compatible with and cause little…
Market overview
Demographics & Economy
Rome, NY has 41,154 residents in 19,378 households. Density runs 343 people per square mile. Median household income here is $65,593 and median gross rent $863 a month.
41,154
Population
19,378
Households
2.1
Avg Household Size
42
Median Age
23%
College-Educated
88%
High-School Grad
119.9 sq mi
ZIP Area
343
Density / Sq Mi
$65,593
Median Household Income
$43,801
Median Earnings
$863
Median Rent
$155,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lake Delta | — | — |
| Stokes | — | — |
| Oriskany | — | — |
| Hecla | — | — |
Commercial property in Rome, NY asks $42/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Rome?
Commercial property in Rome, NY asks an average of $42 per square foot. The 6 most recent recorded sales traded at a median of $100/SF. Multifamily carries the highest asking price at $77/SF.
How much does it cost to lease commercial space in Rome?
Asking lease rates in Rome, NY average $12.00 per square foot per year.
Where does Realmo's Rome market data come from?
Realmo compiles Rome, NY figures from 8 recent recorded sales, 98 active sale listings, 13 active lease listings, 1,303 tracked off-market properties, the current Rome zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 98 active for-sale and 13 active for-lease listings in Rome, 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: 48,553 zoned acres across 19 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
