Commercial Real Estate Market in Downingtown, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
47 active listings and 620 off-market properties in Downingtown, PA.
Market Trends
Downingtown, PA spans 44.2 square miles in Chester County, Pennsylvania. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Downingtown, PA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Retail vacancy in Downingtown, 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 Downingtown, 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 Chester County, multifamily space asks $180/SF to buy. Multifamily vacancy in Downingtown, PA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 52.5%
- Civic 16.8%
- Industrial 13.6%
- Commercial 9.5%
- Open space 5.1%
- Planned_development 2.6%
Largest Zones share of zoned land by district
Downingtown, PA zones 1,425 acres across 13 districts. Commercial zoning covers 9.5% of zoned land, residential 52.5%, open space 5.1% and industrial 13.6%. The largest single district is Single Detached Two And Multifamily Residential at 25.8%. For commercial buyers the practical constraint is that only 23% of land carries a commercial or industrial designation.
R-4 Single-Family/Two-Family/Multifamily Residential District § 287-31 Intent. § 287-32 Use regulations. § 287-33 Area and bulk regulations. § 287-34 Design standards. § 287-35 Standards and criteria for apartment development.
Market overview
Demographics & Economy
Downingtown, PA has 54,754 residents in 21,155 households. Density runs 1,238 people per square mile. Median household income here is $136,124 and median gross rent $1,665 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Exton | $223 | $15.00 |
| Coatesville | $113 | $14.50 |
| West Chester | $254 | $18.44 |
Commercial property in Downingtown, PA asks $176/SF. The 3 bordering markets run from $113/SF in Coatesville to $254/SF in West Chester, and the city sits below their $223/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Downingtown?
How does Downingtown compare to nearby markets on price?
What zoning applies to commercial property in Downingtown?
Where does Realmo's Downingtown market data come from?
Methodology & data sources
- Asking prices and medians
- There are 30 active for-sale and 17 active for-lease listings in Downingtown, PA. The sale median is based on 15 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. 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.
- Zoning and land use
- The current municipal zoning release: 1,425 zoned acres across 13 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 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
