Commercial Real Estate Market in Madison Township, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 6 off-market properties in Madison Township, PA.
Market Trends
Madison Township, PA spans 105.1 square miles in Lackawanna County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Madison Township, 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 Madison Township, 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 Madison Township, 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 Madison Township, 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
Market overview
Demographics & Economy
Madison Township, PA has 13,540 residents in 5,954 households. Density runs 129 people per square mile. Median household income here is $84,919 and median gross rent $1,015 a month.
13,540
Population
5,954
Households
2.3
Avg Household Size
46
Median Age
33%
College-Educated
94%
High-School Grad
105.1 sq mi
ZIP Area
129
Density / Sq Mi
$84,919
Median Household Income
$49,188
Median Earnings
$1,015
Median Rent
$249,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Elmhurst Township | $107 (county avg) | — |
| Elmhurst | $107 (county avg) | — |
| Moscow | $107 (county avg) | — |
| Spring Brook Township | $107 (county avg) | — |
Commercial property in Madison Township, PA asks $107/SF. The 4 bordering markets run from $107/SF in Elmhurst Township to $107/SF in Elmhurst Township, 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 Madison Township?
Commercial property in Madison Township, PA asks an average of $107 per square foot. Office carries the highest asking price at $137/SF.
How does Madison Township compare to nearby markets on price?
Madison Township, PA asks $107/SF against $107/SF in Elmhurst Township, $107/SF in Elmhurst, $107/SF in Moscow and $107/SF in Spring Brook Township.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Madison Township, 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.
- 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
