Commercial Real Estate Market in Ardmore, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
21 active listings and 461 off-market properties in Ardmore, PA. Commercial property asks $208/SF to buy and $40.00/SF/Yr to lease.
Market Trends
Ardmore, PA spans 2.0 square miles in Montgomery County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ardmore, PA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Ardmore, PA 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 Ardmore, 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%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Ardmore, PA asks $202/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
Ardmore, PA has 13,984 residents in 6,346 households. Density runs 6,940 people per square mile. Median household income here is $116,142 and median gross rent $1,602 a month.
13,984
Population
6,346
Households
2.2
Avg Household Size
38
Median Age
70%
College-Educated
98%
High-School Grad
2 sq mi
ZIP Area
6,940
Density / Sq Mi
$116,142
Median Household Income
$66,881
Median Earnings
$1,602
Median Rent
$441,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Millbourne | $199 (county avg) | — |
| Upper Darby | $199 (county avg) | $20.61 |
Commercial property in Ardmore, PA asks $208/SF. The 2 bordering markets run from $199/SF in Millbourne to $199/SF in Millbourne, and the city sits above their $199/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ardmore?
Commercial property in Ardmore, PA asks an average of $208 per square foot. The 5 most recent recorded sales traded at a median of $241/SF. Multifamily carries the highest asking price at $202/SF.
How much does it cost to lease commercial space in Ardmore?
Asking lease rates in Ardmore, PA average $40.00 per square foot per year.
How does Ardmore compare to nearby markets on price?
Ardmore, PA asks $208/SF against $199/SF in Millbourne and $199/SF in Upper Darby. Millbourne is the cheapest entry point at 4% below Ardmore pricing.
Where does Realmo's Ardmore market data come from?
Realmo compiles Ardmore, PA figures from 7 recent recorded sales, 7 active sale listings, 14 active lease listings, 461 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 14 active for-lease listings in Ardmore, PA. 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.
- 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
