Commercial Real Estate Market in Wales Center, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 60 off-market properties in Wales Center, NY.
Market Trends
Wales Center, NY spans 0.1 square miles in Erie County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Wales Center, NY asks $106/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Wales Center, NY asks $86/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 Wales Center, 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 Wales Center, NY asks $106/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
Wales Center, NY has 88 residents in 74 households. Density runs 619 people per square mile. Median household income here is $59,149.
88
Population
74
Households
1.2
Avg Household Size
50
Median Age
0%
College-Educated
89%
High-School Grad
0.1 sq mi
ZIP Area
619
Density / Sq Mi
$59,149
Median Household Income
$58,803
Median Earnings
$0
Median Rent
$9,999
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| South Wales | $101 (county avg) | — |
| East Aurora | $101 (county avg) | — |
| Marilla | $101 (county avg) | — |
| Elma | $101 (county avg) | $12.06 |
Commercial property in Wales Center, NY asks $101/SF. The 4 bordering markets run from $101/SF in South Wales to $101/SF in South Wales, and the city sits in line with their $101/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Wales Center?
Commercial property in Wales Center, NY asks an average of $101 per square foot. Office carries the highest asking price at $106/SF.
How does Wales Center compare to nearby markets on price?
Wales Center, NY asks $101/SF against $101/SF in South Wales, $101/SF in East Aurora, $101/SF in Marilla and $101/SF in Elma.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Wales Center, 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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 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
