Commercial Real Estate Market in Malvern, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
100 active listings and 766 off-market properties in Malvern, PA. Commercial property asks $304/SF to buy (based on 8 listings) and $21.17/SF/Yr to lease.
Market Trends
Malvern, PA spans 38.3 square miles in Chester County, Pennsylvania. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Malvern, PA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Retail vacancy in Malvern, 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 Malvern, 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 Chester County, multifamily space asks $180/SF to buy. Multifamily vacancy in Malvern, 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
- Civic 29.9%
- Planned_development 24.2%
- Residential 20.9%
- Open space 12%
- Industrial 9.5%
- Commercial 3.5%
Largest Zones share of zoned land by district
Market overview
Demographics & Economy
Malvern, PA has 29,273 residents in 11,815 households. Density runs 764 people per square mile. Median household income here is $162,917 and median gross rent $1,960 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Paoli | $115 | $22.48 |
| Newtown Square | $269 | $18.75 |
| Exton | $223 | $15.00 |
Commercial property in Malvern, PA asks $304/SF. The 3 bordering markets run from $115/SF in Paoli to $269/SF in Newtown Square, and the city sits above their $223/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Malvern?
How much does it cost to lease commercial space in Malvern?
How does Malvern compare to nearby markets on price?
Where does Realmo's Malvern market data come from?
Methodology & data sources
- Asking prices and medians
- There are 30 active for-sale and 70 active for-lease listings in Malvern, PA. The medians are based on 8 of the for-sale and 10 of the for-lease listings, those that state a price or rent per square foot. 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: 812 zoned acres across 19 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
