Commercial Real Estate Market in Luzerne, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
6 active listings and 175 off-market properties in Luzerne, PA.
Market Trends
Luzerne, PA spans 0.8 square miles in Luzerne County, Pennsylvania. Figures below refresh monthly; last updated 31 October 2026.
Office
Across Luzerne County, office space asks $70/SF to buy. Office vacancy in Luzerne, PA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Luzerne County, retail space asks $93/SF to buy. Retail vacancy in Luzerne, PA runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Luzerne, 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%.
Multifamily
Across Luzerne County, multifamily space asks $93/SF to buy. Multifamily vacancy in Luzerne, PA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 51.8%
- Commercial 45.9%
- Industrial 2.2%
Largest Zones share of zoned land by district
Luzerne, PA zones 454 acres across 7 districts. Commercial zoning covers 45.9% of zoned land, residential 51.8% and industrial 2.2%. The largest single district is One Family Residential at 39.3%. For commercial buyers the practical constraint is that only 48.2% of land carries a commercial or industrial designation.
C-OP District - Twenty-Five (25) square feet In an integrated grouping of commercial or industrial uses classified as a "Land Development," in addition to permitting each individual use to display signage, a pylon sign shall be permitted which identifies uses located on the same parcel or in the same development on which the sign is located. Only one (1) suc…
Market overview
Demographics & Economy
Luzerne, PA has 2,779 residents in 1,648 households. Density runs 3,656 people per square mile. Median household income here is $38,547 and median gross rent $780 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Edwardsville | $75 | — |
| Kingston | $124 | — |
| Wilkes Barre | $91 | $12.00 |
Commercial property in Luzerne, PA asks $132/SF. The 3 bordering markets run from $75/SF in Edwardsville to $124/SF in Kingston, and the city sits above their $91/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Luzerne?
How does Luzerne compare to nearby markets on price?
What zoning applies to commercial property in Luzerne?
Where does Realmo's Luzerne market data come from?
Methodology & data sources
- Asking prices and medians
- There are 5 active for-sale and 1 active for-lease listings in Luzerne, PA. The sale median is based on 3 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 454 zoned acres across 7 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
