Commercial Real Estate Market in Clarks Summit, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
51 active listings and 74 off-market properties in Clarks Summit, PA. Commercial property asks $107/SF to buy and $18.00/SF/Yr to lease.
Market Trends
Clarks Summit, PA spans 55.4 square miles in Lackawanna County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Clarks Summit, PA asks $137/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 Clarks Summit, PA asks $93/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 Clarks Summit, 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 Clarks Summit, PA asks $107/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
Clarks Summit, PA has 22,851 residents in 9,375 households. Density runs 413 people per square mile. Median household income here is $96,471 and median gross rent $1,253 a month.
22,851
Population
9,375
Households
2.4
Avg Household Size
45
Median Age
51%
College-Educated
96%
High-School Grad
55.4 sq mi
ZIP Area
413
Density / Sq Mi
$96,471
Median Household Income
$51,224
Median Earnings
$1,253
Median Rent
$274,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Clarks Green | $107 (county avg) | — |
| South Abington Township | $107 (county avg) | — |
| Waverly | $107 (county avg) | — |
| Dalton | $107 (county avg) | — |
Commercial property in Clarks Summit, PA asks $107/SF. The 4 bordering markets run from $107/SF in Clarks Green to $107/SF in Clarks Green, and the city sits in line with their $107/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Clarks Summit?
Commercial property in Clarks Summit, PA asks an average of $107 per square foot. Office carries the highest asking price at $137/SF.
How much does it cost to lease commercial space in Clarks Summit?
Asking lease rates in Clarks Summit, PA average $18.00 per square foot per year.
How does Clarks Summit compare to nearby markets on price?
Clarks Summit, PA asks $107/SF against $107/SF in Clarks Green, $107/SF in South Abington Township, $107/SF in Waverly and $107/SF in Dalton.
Where does Realmo's Clarks Summit market data come from?
Realmo compiles Clarks Summit, PA figures from 5 recent recorded sales, 42 active sale listings, 9 active lease listings, 74 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 42 active for-sale and 9 active for-lease listings in Clarks Summit, 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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
