Commercial Real Estate Market in Stephentown, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
22 active listings and 45 off-market properties in Stephentown, NY.
Market Trends
Stephentown, NY spans 42.4 square miles in Rensselaer County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Stephentown, 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 Stephentown, NY asks $114/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 Stephentown, 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 Stephentown, NY asks $135/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 97.8%
- Industrial 2%
Largest Zones share of zoned land by district
Rural Use
Residential
Commercial Industrial
Extraction And Fill
Stephentown, NY zones 37,323 acres across 4 districts. The largest single district is Rural Use at 88.7%. For commercial buyers the practical constraint is that only 2% of land carries a commercial or industrial designation.
Commercial Industrial (C-I)
Allows for commercial and industrial uses, supporting business and manufacturing activities.
Market overview
Demographics & Economy
Stephentown, NY has 2,126 residents in 1,019 households. Density runs 50 people per square mile. Median household income here is $76,377.
2,126
Population
1,019
Households
2.1
Avg Household Size
49
Median Age
30%
College-Educated
91%
High-School Grad
42.4 sq mi
ZIP Area
50
Density / Sq Mi
$76,377
Median Household Income
$41,359
Median Earnings
$0
Median Rent
$209,344
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sand Lake | — | — |
| Hoag Corners | — | — |
| Cherryplain | — | — |
| Glass Lake | — | — |
Commercial property in Stephentown, NY asks $7/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Stephentown?
Commercial property in Stephentown, NY asks an average of $7 per square foot. Multifamily carries the highest asking price at $135/SF.
What zoning applies to commercial property in Stephentown?
Stephentown, NY zones 37,323 acres across 4 districts, of which 0% is commercial and 2% industrial. The largest single district is Rural Use at 88.7% of zoned land. Residential zoning covers 97.8% and open space 0%.
Where does Realmo's Stephentown market data come from?
Realmo compiles Stephentown, NY figures from 22 active sale listings, 45 tracked off-market properties, the current Stephentown zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 22 active for-sale and 0 active for-lease listings in Stephentown, 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: 37,323 zoned acres across 4 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
