Commercial Real Estate Market in Bedford, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
44 active listings and 588 off-market properties in Bedford, PA. Commercial property asks $2/SF to buy and $11.13/SF/Yr to lease.
Market Trends
Bedford, PA spans 187.7 square miles in Bedford County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Bedford, 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 Bedford, 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 Bedford, 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 vacancy in Bedford, PA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Civic 68.7%
- Commercial 11.8%
- Industrial 9.5%
- Residential 6.8%
Largest Zones share of zoned land by district
Residential District Single Family
Commercial And Manufacturing Residential District
Residential District Single Family
Commercial District Central
Slope District
Residential District Single Family (R-1)
R-1 RESIDENTIAL DISTRICT - SINGLE -FAMILY §701. R-1 RESIDENTIAL DISTRICT - SINGLE -FAMILY. In the R -1 Residential District, the following regulations shall apply: A. Uses Permitted. (1) Single -family detached dwellings. (2) Churches or similar places of worship parish houses, convents. (3) Public and private schools including colleges and institutions of h…
Market overview
Demographics & Economy
Bedford, PA has 11,622 residents in 5,752 households. Density runs 62 people per square mile. Median household income here is $62,679 and median gross rent $805 a month.
11,622
Population
5,752
Households
2
Avg Household Size
50
Median Age
22%
College-Educated
94%
High-School Grad
187.7 sq mi
ZIP Area
62
Density / Sq Mi
$62,679
Median Household Income
$37,161
Median Earnings
$805
Median Rent
$197,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Manns Choice | — | — |
| Schellsburg | — | — |
| Everett | — | — |
| Hyndman | — | — |
Commercial property in Bedford, PA asks $2/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Bedford?
Commercial property in Bedford, PA asks an average of $2 per square foot. The 7 most recent recorded sales traded at a median of $43/SF.
How much does it cost to lease commercial space in Bedford?
Asking lease rates in Bedford, PA average $11.13 per square foot per year.
Where does Realmo's Bedford market data come from?
Realmo compiles Bedford, PA figures from 7 recent recorded sales, 40 active sale listings, 4 active lease listings, 588 tracked off-market properties, the current Bedford zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 40 active for-sale and 4 active for-lease listings in Bedford, 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: 718 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 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
