Commercial Real Estate Market in Greensburg, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
68 active listings and 2,219 off-market properties in Greensburg, PA.
Market Trends
Greensburg, PA spans 80.6 square miles in Westmoreland County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Greensburg, 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 Greensburg, 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 Greensburg, 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 Greensburg, 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 71.6%
- Civic 16.4%
- Commercial 9.2%
- Industrial 2.8%
Largest Zones share of zoned land by district
One Family Residence
General Residence
Special Institutional
Planned Residential Development
Recreation Tourist
Greensburg, PA zones 2,160 acres across 8 districts. Commercial zoning covers 9.2% of zoned land, residential 71.6% and industrial 2.8%. The largest single district is One Family Residence at 37.4%. For commercial buyers the practical constraint is that only 12% of land carries a commercial or industrial designation.
One Family Residence (R1)
Article II Definitions and Word Usage § 265-6 Word usage. § 265-7 Definitions. Article III Classification of Districts § 265-8 Classes of districts. § 265-9 Zoning District Map. § 265-10 District boundaries. Article IV R1 - One-Family Residence District § 265-11 Composition of district. § 265-12 Permitted uses. § 265-13 Maximum height. § 265-14 Area requirem…
Market overview
Demographics & Economy
Greensburg, PA has 57,141 residents in 25,978 households. Density runs 709 people per square mile. Median household income here is $75,369 and median gross rent $868 a month.
57,141
Population
25,978
Households
2.2
Avg Household Size
47
Median Age
40%
College-Educated
96%
High-School Grad
80.6 sq mi
ZIP Area
709
Density / Sq Mi
$75,369
Median Household Income
$41,485
Median Earnings
$868
Median Rent
$209,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bovard | — | — |
| Forbes Rd | — | — |
| Luxor | — | — |
| Hannastown | — | — |
Commercial property in Greensburg, PA asks $330/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Greensburg?
Commercial property in Greensburg, PA asks an average of $330 per square foot.
What zoning applies to commercial property in Greensburg?
Greensburg, PA zones 2,160 acres across 8 districts, of which 9.2% is commercial and 2.8% industrial. The largest single district is One Family Residence at 37.4% of zoned land. Article II Definitions and Word Usage § 265-6 Word usage. § 265-7 Definitions. Article III Classification of Districts § 265-8 Classes of districts. § 265-9 Zoning District Map. § 265-10 District boundaries. Article IV R1 - One-Family Residence District § 265-11 Composition of district. § 265-12 Permitted uses. § 265-13 Maximum height. § 265-14 Area requirem… Residential zoning covers 71.6% and open space 0%.
Where does Realmo's Greensburg market data come from?
Realmo compiles Greensburg, PA figures from 6 recent recorded sales, 54 active sale listings, 14 active lease listings, 2,219 tracked off-market properties, the current Greensburg zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 54 active for-sale and 14 active for-lease listings in Greensburg, 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: 2,160 zoned acres across 8 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
