Commercial Real Estate Market in Jermyn, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
8 active listings and 27 off-market properties in Jermyn, PA.
Market Trends
Jermyn, PA spans 28.8 square miles in Lackawanna County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Jermyn, PA asks $137/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 Jermyn, PA asks $93/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 Jermyn, 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 Jermyn, PA asks $107/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 62.7%
- Industrial 18.9%
- Open space 12.6%
- Civic 5.8%
Largest Zones share of zoned land by district
Medium Density Residential
Low Density Residential
Manufacturing
Special Purpose Open Space
Town Commercial
Jermyn, PA zones 508 acres across 6 districts. The largest single district is Medium Density Residential at 34.3%. For commercial buyers the practical constraint is that only 18.9% of land carries a commercial or industrial designation.
Medium Density Residential (R-2)
The intent of the zone is to multi family units to the community
Market overview
Demographics & Economy
Jermyn, PA has 6,416 residents in 3,390 households. Density runs 223 people per square mile. Median household income here is $76,847 and median gross rent $929 a month.
6,416
Population
3,390
Households
1.9
Avg Household Size
45
Median Age
31%
College-Educated
96%
High-School Grad
28.8 sq mi
ZIP Area
223
Density / Sq Mi
$76,847
Median Household Income
$57,924
Median Earnings
$929
Median Rent
$201,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Mayfield | $107 (county avg) | — |
| Childs | $107 (county avg) | — |
| Archbald | $107 (county avg) | — |
| Scott Township | $107 (county avg) | — |
Commercial property in Jermyn, PA asks $107/SF. The 4 bordering markets run from $107/SF in Mayfield to $107/SF in Mayfield, and the city sits in line with their $107/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Jermyn?
Commercial property in Jermyn, PA asks an average of $107 per square foot. Office carries the highest asking price at $137/SF.
How does Jermyn compare to nearby markets on price?
Jermyn, PA asks $107/SF against $107/SF in Mayfield, $107/SF in Childs, $107/SF in Archbald and $107/SF in Scott Township.
What zoning applies to commercial property in Jermyn?
Jermyn, PA zones 508 acres across 6 districts, of which 0% is commercial and 18.9% industrial. The largest single district is Medium Density Residential at 34.3% of zoned land. The intent of the zone is to multi family units to the community Residential zoning covers 62.7% and open space 12.6%.
Where does Realmo's Jermyn market data come from?
Realmo compiles Jermyn, PA figures from 3 recent recorded sales, 6 active sale listings, 2 active lease listings, 27 tracked off-market properties, the current Jermyn zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 2 active for-lease listings in Jermyn, 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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: 508 zoned acres across 6 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
