Commercial Real Estate Market in Vestal, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
13 active listings and 631 off-market properties in Vestal, NY.
Market Trends
Vestal, NY spans 51.1 square miles in Broome County, New York. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Vestal, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Retail vacancy in Vestal, NY runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Vestal, 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%.
Multifamily
Across Broome County, multifamily space asks $105/SF to buy. Multifamily vacancy in Vestal, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 82.5%
- Civic 13.7%
- Industrial 3.1%
- Planned_development 0.7%
- Mixed use 0%
Largest Zones share of zoned land by district
Vestal, NY zones 33,712 acres across 13 districts. The largest single district is Rural Residence at 82.5%. For commercial buyers the practical constraint is that only 3.1% of land carries a commercial or industrial designation.
RR Abattoir and/or animal reduction works - - - T Accessory structures and uses customarily incidental for farm purposes - - - I Accessory structures or uses, including detached private garage, garden house, greenhouse, toolhouse and similar uses, for residents only I I - I Accessory use towers or structures other than buildings - Z Z Z Agricultural activity…
Market overview
Demographics & Economy
Vestal, NY has 22,135 residents in 10,427 households. Density runs 433 people per square mile. Median household income here is $81,627 and median gross rent $1,111 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Endicott | $96 | — |
| Westover | $81 | $14.70 |
| Binghamton | $72 | $12.00 |
Commercial property in Vestal, NY asks $101/SF. The 3 bordering markets run from $72/SF in Binghamton to $96/SF in Endicott, and the city sits above their $81/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Vestal?
How does Vestal compare to nearby markets on price?
What zoning applies to commercial property in Vestal?
Where does Realmo's Vestal market data come from?
Methodology & data sources
- Asking prices and medians
- There are 7 active for-sale and 6 active for-lease listings in Vestal, NY. The sale median is based on 3 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 33,712 zoned acres across 13 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 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
