Commercial Real Estate Market in Greenville, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
27 active listings and 543 off-market properties in Greenville, PA. Commercial property asks $315/SF to buy and $12.00/SF/Yr to lease.
Market Trends
Greenville, PA spans 105.2 square miles in Mercer County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Greenville, 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 Greenville, 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 Greenville, 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 Greenville, PA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Greenville, PA has 17,198 residents in 8,070 households. Density runs 164 people per square mile. Median household income here is $56,851 and median gross rent $773 a month.
17,198
Population
8,070
Households
2.1
Avg Household Size
46
Median Age
21%
College-Educated
92%
High-School Grad
105.2 sq mi
ZIP Area
164
Density / Sq Mi
$56,851
Median Household Income
$33,003
Median Earnings
$773
Median Rent
$125,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Transfer | — | — |
| Jamestown | — | — |
| Adamsville | — | — |
| Orangeville | — | — |
Commercial property in Greenville, PA asks $315/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Greenville?
Commercial property in Greenville, PA asks an average of $315 per square foot.
How much does it cost to lease commercial space in Greenville?
Asking lease rates in Greenville, PA average $12.00 per square foot per year.
Where does Realmo's Greenville market data come from?
Realmo compiles Greenville, PA figures from 8 recent recorded sales, 24 active sale listings, 3 active lease listings, 543 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 24 active for-sale and 3 active for-lease listings in Greenville, 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 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
