Commercial Real Estate Market in Drums, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
34 active listings and 171 off-market properties in Drums, PA. Commercial property asks $1,091/SF to buy and $16.00/SF/Yr to lease.
Market Trends
Drums, PA spans 36.8 square miles in Luzerne County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Drums, PA asks $45/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Drums, PA asks $101/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Drums, 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 Drums, PA asks $100/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
Market overview
Demographics & Economy
Drums, PA has 9,114 residents in 3,980 households. Density runs 247 people per square mile. Median household income here is $102,656 and median gross rent $1,436 a month.
9,114
Population
3,980
Households
2.3
Avg Household Size
48
Median Age
30%
College-Educated
96%
High-School Grad
36.8 sq mi
ZIP Area
247
Density / Sq Mi
$102,656
Median Household Income
$51,628
Median Earnings
$1,436
Median Rent
$227,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Saint Johns | — | — |
| Lattimer Mines | — | — |
| Conyngham | — | — |
| Sybertsville | — | — |
Commercial property in Drums, PA asks $1,091/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Drums?
Commercial property in Drums, PA asks an average of $1,091 per square foot. Retail carries the highest asking price at $101/SF.
How much does it cost to lease commercial space in Drums?
Asking lease rates in Drums, PA average $16.00 per square foot per year.
Where does Realmo's Drums market data come from?
Realmo compiles Drums, PA figures from 6 recent recorded sales, 33 active sale listings, 1 active lease listings, 171 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 33 active for-sale and 1 active for-lease listings in Drums, 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.
- 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
