Commercial Real Estate Market in Homestead, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
35 active listings and 695 off-market properties in Homestead, PA. Commercial property asks $47/SF to buy and $22.75/SF/Yr to lease.
Market Trends
Homestead, PA spans 4.7 square miles in Allegheny County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Homestead, 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 Homestead, 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 Homestead, 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 Homestead, 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
- Commercial 90.3%
- Mixed use 5.1%
- Civic 4.6%
Largest Zones share of zoned land by district
Waterfront Development District
Single Family Residential District
Planned Commercial District
Parks Open Space Public District
Neighborhood Mixed Use Commercial District
Homestead, PA zones 366 acres across 8 districts. Commercial zoning covers 90.3% of zoned land. The largest single district is Waterfront Development District at 34.5%. For commercial buyers the practical constraint is that only 90.3% of land carries a commercial or industrial designation.
Waterfront Development District (WDD)
WDD. § 27-911 Billboards. § 27-912 Temporary signs. Part 10 Off-Street Parking and Loading § 27-1001 Application. § 27-1002 General provisions. § 27-1003 Design and maintenance. § 27-1004 Shared use of parking spaces. § 27-1005 Off-site parking facilities.
Market overview
Demographics & Economy
Homestead, PA has 17,950 residents in 9,514 households. Density runs 3,829 people per square mile. Median household income here is $55,205 and median gross rent $835 a month.
17,950
Population
9,514
Households
1.9
Avg Household Size
44
Median Age
27%
College-Educated
95%
High-School Grad
4.7 sq mi
ZIP Area
3,829
Density / Sq Mi
$55,205
Median Household Income
$44,943
Median Earnings
$835
Median Rent
$118,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| West Homestead | — | — |
| Munhall | — | — |
| Whitaker | — | — |
| Rankin | — | — |
Commercial property in Homestead, PA asks $47/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Homestead?
Commercial property in Homestead, PA asks an average of $47 per square foot.
How much does it cost to lease commercial space in Homestead?
Asking lease rates in Homestead, PA average $22.75 per square foot per year.
What zoning applies to commercial property in Homestead?
Homestead, PA zones 366 acres across 8 districts, of which 90.3% is commercial and 0% industrial. The largest single district is Waterfront Development District at 34.5% of zoned land. WDD. § 27-911 Billboards. § 27-912 Temporary signs. Part 10 Off-Street Parking and Loading § 27-1001 Application. § 27-1002 General provisions. § 27-1003 Design and maintenance. § 27-1004 Shared use of parking spaces. § 27-1005 Off-site parking facilities. Residential zoning covers 0% and open space 0%.
Where does Realmo's Homestead market data come from?
Realmo compiles Homestead, PA figures from 4 recent recorded sales, 27 active sale listings, 8 active lease listings, 695 tracked off-market properties, the current Homestead zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 27 active for-sale and 8 active for-lease listings in Homestead, 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: 366 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
