Commercial Real Estate Market in Clarks Summit, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
31 active listings and 74 off-market properties in Clarks Summit, PA. Commercial property asks $256/SF to buy and $24.60/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 October 2026.
Office
Across Lackawanna County, office space asks $113/SF to buy. Office vacancy in Clarks Summit, PA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Lackawanna County, retail space asks $113/SF to buy. Retail vacancy in Clarks Summit, PA runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
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%.
Multifamily
Across Lackawanna County, multifamily space asks $113/SF to buy. Multifamily vacancy in Clarks Summit, PA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
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.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Scranton | $102 | $14.04 |
| Dunmore | $121 | $9.50 |
Commercial property in Clarks Summit, PA asks $256/SF. The 2 bordering markets run from $102/SF in Scranton to $121/SF in Dunmore, and the city sits above their $111/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Clarks Summit?
How much does it cost to lease commercial space in Clarks Summit?
How does Clarks Summit compare to nearby markets on price?
Where does Realmo's Clarks Summit market data come from?
Methodology & data sources
- Asking prices and medians
- There are 14 active for-sale and 17 active for-lease listings in Clarks Summit, PA. The medians are based on 10 of the for-sale and 11 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
