Commercial Real Estate Market in Leola, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
27 active listings and 236 off-market properties in Leola, PA. Commercial property asks $140/SF to buy and $34.39/SF/Yr to lease.
Market Trends
Leola, PA spans 20.9 square miles in Lancaster County, Pennsylvania. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Leola, 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 Leola, 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 Leola, 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 Leola, PA asks $159/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
Leola, PA has 10,821 residents in 4,068 households. Density runs 517 people per square mile. Median household income here is $83,229 and median gross rent $1,329 a month.
10,821
Population
4,068
Households
2.7
Avg Household Size
36
Median Age
30%
College-Educated
79%
High-School Grad
20.9 sq mi
ZIP Area
517
Density / Sq Mi
$83,229
Median Household Income
$46,756
Median Earnings
$1,329
Median Rent
$319,800
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Leola?
Commercial property in Leola, PA asks an average of $140 per square foot. The 5 most recent recorded sales traded at a median of $111/SF, so asking sits 26% above the achieved median. Multifamily carries the highest asking price at $159/SF.
How much does it cost to lease commercial space in Leola?
Asking lease rates in Leola, PA average $34.39 per square foot per year.
Where does Realmo's Leola market data come from?
Realmo compiles Leola, PA figures from 7 recent recorded sales, 8 active sale listings, 19 active lease listings, 236 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 8 active for-sale and 19 active for-lease listings in Leola, 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 30 September 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 30 September 2026 · How Realmo checks market page data · Report a data issue
