Commercial Real Estate Market in Connellsville, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
31 active listings and 989 off-market properties in Connellsville, PA. Commercial property asks $190/SF to buy and $6.00/SF/Yr to lease.
Market Trends
Connellsville, PA spans 57.7 square miles in Fayette County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Connellsville, 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 Connellsville, 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 Connellsville, 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 Connellsville, 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 55.8%
- Commercial 17.5%
- Residential 14.1%
- Industrial 7.8%
- Mixed use 4.8%
Largest Zones share of zoned land by district
Low To Moderate Density Residential
High Density Residential
Industrial
Highway Commercial
Downtown Commercial
Low To Moderate Density Residential (R-1)
A. The Low-to-Moderate Density Residential (R-1) is established to preserve and enhance areas of primarily single-family and two-family housing in the City. These areas are primarily residential in nature and provide community facilities that serve residents such as schools, places of worship, and parks. B. The High-Density Residential District (R-2) is esta…
Market overview
Demographics & Economy
Connellsville, PA has 17,975 residents in 8,603 households. Density runs 311 people per square mile. Median household income here is $53,859 and median gross rent $697 a month.
17,975
Population
8,603
Households
2.1
Avg Household Size
46
Median Age
19%
College-Educated
91%
High-School Grad
57.7 sq mi
ZIP Area
311
Density / Sq Mi
$53,859
Median Household Income
$40,927
Median Earnings
$697
Median Rent
$129,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| South Connellsville | — | — |
| Dunbar | — | — |
| Leisenring | — | — |
| Vanderbilt | — | — |
Commercial property in Connellsville, PA asks $190/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Connellsville?
Commercial property in Connellsville, PA asks an average of $190 per square foot. The 3 most recent recorded sales traded at a median of $66/SF, so asking sits 190% above the achieved median.
How much does it cost to lease commercial space in Connellsville?
Asking lease rates in Connellsville, PA average $6.00 per square foot per year.
Where does Realmo's Connellsville market data come from?
Realmo compiles Connellsville, PA figures from 7 recent recorded sales, 22 active sale listings, 9 active lease listings, 989 tracked off-market properties, the current Connellsville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 22 active for-sale and 9 active for-lease listings in Connellsville, 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: 1,364 zoned acres across 7 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, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- 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
