Commercial Real Estate Market in Downingtown, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
58 active listings and 620 off-market properties in Downingtown, PA. Commercial property asks $105/SF to buy and $17.67/SF/Yr to lease.
Market Trends
Downingtown, PA spans 44.2 square miles in Chester County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Downingtown, 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 Downingtown, 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 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%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Downingtown, PA asks $222/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 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
Single Detached Two And Multifamily Residential
Single Family Detached Residential
Single Family Detached Residential
Single Detached And Two Attached Family Residential
Public Park
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.
Single Detached Two And Multifamily Residential (R-4)
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.
54,754
Population
21,155
Households
2.6
Avg Household Size
40
Median Age
61%
College-Educated
98%
High-School Grad
44.2 sq mi
ZIP Area
1,238
Density / Sq Mi
$136,124
Median Household Income
$69,354
Median Earnings
$1,665
Median Rent
$457,046
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Romansville | — | — |
| Lyndell | — | — |
| Exton | — | $21.06 |
| Uwchland | — | — |
Commercial property in Downingtown, PA asks $105/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Downingtown?
Commercial property in Downingtown, PA asks an average of $105 per square foot. The 5 most recent recorded sales traded at a median of $138/SF. Multifamily carries the highest asking price at $222/SF.
How much does it cost to lease commercial space in Downingtown?
Asking lease rates in Downingtown, PA average $17.67 per square foot per year.
What zoning applies to commercial property in Downingtown?
Downingtown, PA zones 1,425 acres across 13 districts, of which 9.5% is commercial and 13.6% industrial. The largest single district is Single Detached Two And Multifamily Residential at 25.8% of zoned land. 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. Residential zoning covers 52.5% and open space 5.1%.
Where does Realmo's Downingtown market data come from?
Realmo compiles Downingtown, PA figures from 6 recent recorded sales, 37 active sale listings, 21 active lease listings, 620 tracked off-market properties, the current Downingtown zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 37 active for-sale and 21 active for-lease listings in Downingtown, 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: 1,425 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 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
