Commercial Real Estate Market in Cornwall, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 2 off-market properties in Cornwall, PA.
Market Trends
Cornwall, PA spans 0.2 square miles in Lebanon County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cornwall, 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 Cornwall, 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 Cornwall, 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 Cornwall, PA asks $129/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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 73.6%
- Commercial 16%
- Planned_development 3.7%
- Industrial 3.5%
- Civic 3.2%
Largest Zones share of zoned land by district
Residential Forest
Conservation Recreation
Residential Low Density
Intensive Agricultural
Agricultural
Cornwall, PA zones 6,229 acres across 14 districts. Commercial zoning covers 16% of zoned land, residential 73.6% and industrial 3.5%. The largest single district is Residential Forest at 29.8%. For commercial buyers the practical constraint is that only 19.5% of land carries a commercial or industrial designation.
Residential Low Density (RLD)
ARTICLE 8: LOW DENSITY RESIDENTIAL DISTRICT (RLD) - Borough of Cornwall, PA Customize your cookie preferences We respect your right to privacy. You can choose not to allow some types of cookies. Your cookie preferences will apply across our website. Necessary These cookies are necessary for the website to function properly and cannot be switched off. They he…
Market overview
Demographics & Economy
Cornwall, PA has 508 residents in 437 households. Density runs 2,143 people per square mile. Median household income here is $70,833 and median gross rent $2,813 a month.
508
Population
437
Households
1.2
Avg Household Size
77
Median Age
47%
College-Educated
96%
High-School Grad
0.2 sq mi
ZIP Area
2,143
Density / Sq Mi
$70,833
Median Household Income
$52,507
Median Earnings
$2,813
Median Rent
$164,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Mt Gretna Hts | — | — |
| Mount Gretna | — | — |
| Lebanon | — | — |
| Penryn | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Cornwall?
Cornwall, PA zones 6,229 acres across 14 districts, of which 16% is commercial and 3.5% industrial. The largest single district is Residential Forest at 29.8% of zoned land. Residential zoning covers 73.6% and open space 0%.
Where does Realmo's Cornwall market data come from?
Realmo compiles Cornwall, PA figures from 1 active sale listings, 2 tracked off-market properties, the current Cornwall zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Cornwall, 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: 6,229 zoned acres across 14 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
