Commercial Real Estate Market in Forest City, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
21 active listings and 96 off-market properties in Forest City, PA.
Market Trends
Forest City, PA spans 37.3 square miles in Susquehanna County, Pennsylvania. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Forest City, 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 Forest City, 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 Forest City, 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 Forest City, PA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Forest City, PA has 4,573 residents in 2,234 households. Density runs 123 people per square mile. Median household income here is $69,593 and median gross rent $869 a month.
4,573
Population
2,234
Households
2
Avg Household Size
46
Median Age
23%
College-Educated
95%
High-School Grad
37.3 sq mi
ZIP Area
123
Density / Sq Mi
$69,593
Median Household Income
$47,611
Median Earnings
$869
Median Rent
$169,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Carbondale | $106 (county avg) | $11.03 |
| Mayfield | $106 (county avg) | — |
Commercial property in Forest City, PA asks $477/SF. The 2 bordering markets run from $106/SF in Carbondale to $106/SF in Carbondale, and the city sits above their $106/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Forest City?
Commercial property in Forest City, PA asks an average of $477 per square foot.
How does Forest City compare to nearby markets on price?
Forest City, PA asks $477/SF against $106/SF in Carbondale and $106/SF in Mayfield. Carbondale is the cheapest entry point at 78% below Forest City pricing, with $11.03/SF/Yr asking rents.
Where does Realmo's Forest City market data come from?
Realmo compiles Forest City, PA figures from 4 recent recorded sales, 21 active sale listings, 96 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 21 active for-sale and 0 active for-lease listings in Forest City, 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 30 September 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 30 September 2026 · How Realmo checks market page data · Report a data issue
