Commercial Real Estate Market in Ashley, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
3 active listings and 67 off-market properties in Ashley, PA.
Market Trends
Ashley, PA spans 26.3 square miles in Luzerne County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Ashley, PA asks $45/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 Ashley, PA asks $101/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 Ashley, 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 Ashley, PA asks $100/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 52.2%
- Open space 27.1%
- Commercial 13.4%
- Industrial 7.4%
Largest Zones share of zoned land by district
Two Family Residential District
Conservation District
Neighborhood Business District
Highway Service District
One Family Residential District
Ashley, PA zones 597 acres across 10 districts. Commercial zoning covers 13.4% of zoned land, residential 52.2%, open space 27.1% and industrial 7.4%. The largest single district is Two Family Residential District at 40.2%. For commercial buyers the practical constraint is that only 20.8% of land carries a commercial or industrial designation.
Two Family Residential District (R-2)
This district is intended to accommodate moderate density residential development, including single family and compatible two family dwellings, while maintaining residential stability.
Market overview
Demographics & Economy
Ashley, PA has 16,338 residents in 7,675 households. Density runs 622 people per square mile. Median household income here is $57,546 and median gross rent $883 a month.
16,338
Population
7,675
Households
2.1
Avg Household Size
43
Median Age
20%
College-Educated
91%
High-School Grad
26.3 sq mi
ZIP Area
622
Density / Sq Mi
$57,546
Median Household Income
$38,381
Median Earnings
$883
Median Rent
$121,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hanover Township | — | — |
| Plymouth | — | — |
| Laurel Run | — | — |
| Wilkes Barre | — | $13.82 |
Commercial property in Ashley, PA asks $129/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ashley?
Commercial property in Ashley, PA asks an average of $129 per square foot. Retail carries the highest asking price at $101/SF.
What zoning applies to commercial property in Ashley?
Ashley, PA zones 597 acres across 10 districts, of which 13.4% is commercial and 7.4% industrial. The largest single district is Two Family Residential District at 40.2% of zoned land. This district is intended to accommodate moderate density residential development, including single family and compatible two family dwellings, while maintaining residential stability. Residential zoning covers 52.2% and open space 27.1%.
Where does Realmo's Ashley market data come from?
Realmo compiles Ashley, PA figures from 7 recent recorded sales, 2 active sale listings, 1 active lease listings, 67 tracked off-market properties, the current Ashley zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 1 active for-lease listings in Ashley, 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.
- Zoning and land use
- The current municipal zoning release: 597 zoned acres across 10 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
