Commercial Real Estate Market in Freeland, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
16 active listings and 250 off-market properties in Freeland, PA.
Market Trends
Freeland, PA spans 14.3 square miles in Luzerne County, Pennsylvania. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Freeland, PA asks $72/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 Freeland, PA asks $92/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 Freeland, 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 Freeland, PA asks $105/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 90.9%
- Industrial 4.8%
- Commercial 4.3%
Largest Zones share of zoned land by district
Low Density Residential
High Density Residential
Medium Density Residential
Limited Industrial
Community Commercial
Freeland, PA zones 440 acres across 5 districts. Commercial zoning covers 4.3% of zoned land, residential 90.9% and industrial 4.8%. The largest single district is Low Density Residential at 38.8%. For commercial buyers the practical constraint is that only 9.1% of land carries a commercial or industrial designation.
Low Density Residential (R-1)
The purpose of R-1 district is to provide residence for single family.
Market overview
Demographics & Economy
Freeland, PA has 6,377 residents in 3,072 households. Density runs 447 people per square mile. Median household income here is $57,361 and median gross rent $922 a month.
6,377
Population
3,072
Households
2.1
Avg Household Size
42
Median Age
18%
College-Educated
93%
High-School Grad
14.3 sq mi
ZIP Area
447
Density / Sq Mi
$57,361
Median Household Income
$40,821
Median Earnings
$922
Median Rent
$114,900
Median Home Value
Tools
Nearby Markets
Commercial property in Freeland, PA asks $62/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Freeland?
Commercial property in Freeland, PA asks an average of $62 per square foot. Multifamily carries the highest asking price at $105/SF.
What zoning applies to commercial property in Freeland?
Freeland, PA zones 440 acres across 5 districts, of which 4.3% is commercial and 4.8% industrial. The largest single district is Low Density Residential at 38.8% of zoned land. The purpose of R-1 district is to provide residence for single family. Residential zoning covers 90.9% and open space 0%.
Where does Realmo's Freeland market data come from?
Realmo compiles Freeland, PA figures from 7 recent recorded sales, 16 active sale listings, 250 tracked off-market properties, the current Freeland zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 16 active for-sale and 0 active for-lease listings in Freeland, 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: 440 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 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 · report a data issue
