Commercial Real Estate Market in Fairchance, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Fairchance, PA spans 6.7 square miles in Fayette County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Fairchance, 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 Fairchance, 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 Fairchance, 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 Fairchance, 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
- Residential 75.6%
- Industrial 17.6%
- Commercial 6.8%
Largest Zones share of zoned land by district
Moderate Density Residential District
High Density Residential District
Light Industrial
Business Commercial
Agricultural Rural District
Fairchance, PA zones 762 acres across 5 districts. Commercial zoning covers 6.8% of zoned land, residential 75.6% and industrial 17.6%. The largest single district is Moderate Density Residential District at 38.3%. For commercial buyers the practical constraint is that only 24.4% of land carries a commercial or industrial designation.
Moderate Density Residential District (R-1)
The purpose of this zoning district is to provide bed and breakfast, home occupation, type 1, single family detached dwelling, airport traffic control facilities, beauty or barber shop, essential services
Market overview
Demographics & Economy
Fairchance, PA has 2,666 residents in 1,149 households. Density runs 397 people per square mile. Median household income here is $51,667 and median gross rent $739 a month.
2,666
Population
1,149
Households
2.3
Avg Household Size
44
Median Age
17%
College-Educated
94%
High-School Grad
6.7 sq mi
ZIP Area
397
Density / Sq Mi
$51,667
Median Household Income
$35,079
Median Earnings
$739
Median Rent
$134,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Oliphant Furnace | — | — |
| Brownfield | — | — |
| Smithfield | — | — |
| Hopwood | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Fairchance?
Fairchance, PA zones 762 acres across 5 districts, of which 6.8% is commercial and 17.6% industrial. The largest single district is Moderate Density Residential District at 38.3% of zoned land. The purpose of this zoning district is to provide bed and breakfast, home occupation, type 1, single family detached dwelling, airport traffic control facilities, beauty or barber shop, essential services Residential zoning covers 75.6% and open space 0%.
Where does Realmo's Fairchance market data come from?
Realmo compiles Fairchance, PA figures from 5 recent recorded sales, 107 tracked off-market properties, the current Fairchance zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- 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: 762 zoned acres across 5 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
