Commercial Real Estate Market in Berwyn, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
34 active listings and 178 off-market properties in Berwyn, PA. Commercial property asks $155/SF to buy and $25.50/SF/Yr to lease.
Market Trends
Berwyn, PA spans 9.6 square miles in Chester County, Pennsylvania. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Berwyn, 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 Berwyn, 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 Berwyn, 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 Berwyn, PA asks $193/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
Berwyn, PA has 11,848 residents in 4,526 households. Density runs 1,239 people per square mile. Median household income here is $199,107 and median gross rent $1,678 a month.
11,848
Population
4,526
Households
2.6
Avg Household Size
46
Median Age
76%
College-Educated
98%
High-School Grad
9.6 sq mi
ZIP Area
1,239
Density / Sq Mi
$199,107
Median Household Income
$100,046
Median Earnings
$1,678
Median Rent
$805,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Wayne | $199 (county avg) | $35.90 |
| Newtown Square | $199 (county avg) | $22.04 |
Commercial property in Berwyn, PA asks $155/SF. The 2 bordering markets run from $199/SF in Wayne to $199/SF in Wayne, and the city sits below their $199/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Berwyn?
Commercial property in Berwyn, PA asks an average of $155 per square foot. The 7 most recent recorded sales traded at a median of $254/SF. Multifamily carries the highest asking price at $193/SF.
How much does it cost to lease commercial space in Berwyn?
Asking lease rates in Berwyn, PA average $25.50 per square foot per year.
How does Berwyn compare to nearby markets on price?
Berwyn, PA asks $155/SF against $199/SF in Wayne and $199/SF in Newtown Square.
Where does Realmo's Berwyn market data come from?
Realmo compiles Berwyn, PA figures from 7 recent recorded sales, 12 active sale listings, 22 active lease listings, 178 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 12 active for-sale and 22 active for-lease listings in Berwyn, 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 30 September 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 30 September 2026 · How Realmo checks market page data · Report a data issue
