Commercial Real Estate Market in Gap, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
16 active listings and 115 off-market properties in Gap, PA.
Market Trends
Gap, PA spans 21.0 square miles in Lancaster County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Gap, 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 Gap, 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 Gap, 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 Gap, PA asks $158/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
Gap, PA has 6,550 residents in 2,162 households. Density runs 312 people per square mile. Median household income here is $92,292 and median gross rent $1,319 a month.
6,550
Population
2,162
Households
3
Avg Household Size
33
Median Age
17%
College-Educated
75%
High-School Grad
21 sq mi
ZIP Area
312
Density / Sq Mi
$92,292
Median Household Income
$38,958
Median Earnings
$1,319
Median Rent
$297,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Christiana | — | — |
| New Milltown | — | — |
| Atglen | — | — |
| Bart | — | — |
Commercial property in Gap, PA asks $411/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Gap?
Commercial property in Gap, PA asks an average of $411 per square foot. The 5 most recent recorded sales traded at a median of $182/SF, so asking sits 126% above the achieved median. Multifamily carries the highest asking price at $158/SF.
Where does Realmo's Gap market data come from?
Realmo compiles Gap, PA figures from 5 recent recorded sales, 13 active sale listings, 3 active lease listings, 115 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 13 active for-sale and 3 active for-lease listings in Gap, 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, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- 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
