Commercial Real Estate Market in Altoona, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
108 active listings and 1,923 off-market properties in Altoona, PA. Commercial property asks $49/SF to buy and $14.95/SF/Yr to lease.
Market Trends
Altoona, PA spans 99.5 square miles in Blair County, Pennsylvania. Figures below refresh monthly; last updated 31 October 2026.
Office
Across Blair County, office space asks $121/SF to buy. Office vacancy in Altoona, PA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Retail vacancy in Altoona, PA 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 Altoona, PA 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 Blair County, multifamily space asks $55/SF to buy. Multifamily vacancy in Altoona, PA 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 72.2%
- Commercial 14%
- Industrial 13.8%
Largest Zones share of zoned land by district
Altoona, PA zones 4,642 acres across 11 districts. Commercial zoning covers 14% of zoned land, residential 72.2% and industrial 13.8%. The largest single district is Suburban Residential at 31.2%. For commercial buyers the practical constraint is that only 27.8% of land carries a commercial or industrial designation.
The purpose of this zone is to provide areas within the City for the development of low density, primarily residential single household detached homes and to protect those areas presently developed in this manner.
Market overview
Demographics & Economy
Altoona, PA has 60,760 residents in 28,163 households. Density runs 611 people per square mile. Median household income here is $54,395 and median gross rent $814 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Hollidaysburg | $170 | $28.36 |
| Duncansville | $107 | $12.00 |
Commercial property in Altoona, PA asks $49/SF. The 2 bordering markets run from $107/SF in Duncansville to $170/SF in Hollidaysburg, and the city sits below their $138/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Altoona?
How much does it cost to lease commercial space in Altoona?
How does Altoona compare to nearby markets on price?
What zoning applies to commercial property in Altoona?
Where does Realmo's Altoona market data come from?
Methodology & data sources
- Asking prices and medians
- There are 54 active for-sale and 54 active for-lease listings in Altoona, PA. The medians are based on 34 of the for-sale and 32 of the for-lease listings, those that state a price or rent per square foot. 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: 4,642 zoned acres across 11 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
