Commercial Real Estate Market in Malvern, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
102 active listings and 766 off-market properties in Malvern, PA. Commercial property asks $134/SF to buy and $45.71/SF/Yr to lease.
Market Trends
Malvern, PA spans 38.3 square miles in Chester County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Malvern, 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 Malvern, 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 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%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Malvern, PA asks $222/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
- 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
Residential 120.8 Acres
Institutional 112.4 Acres
Institutional 106.2 Acres
Public Open Space And Conservation 97.5 Acres
Residential 58.2 Acres
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.
29,273
Population
11,815
Households
2.5
Avg Household Size
41
Median Age
73%
College-Educated
97%
High-School Grad
38.3 sq mi
ZIP Area
764
Density / Sq Mi
$162,917
Median Household Income
$87,900
Median Earnings
$1,960
Median Rent
$662,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Edgemont | $199 (county avg) | — |
| Newtown Square | $199 (county avg) | $22.17 |
Commercial property in Malvern, PA asks $134/SF. The 2 bordering markets run from $199/SF in Edgemont to $199/SF in Edgemont, and the city sits below their $199/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Malvern?
Commercial property in Malvern, PA asks an average of $134 per square foot. The 5 most recent recorded sales traded at a median of $156/SF. Multifamily carries the highest asking price at $222/SF.
How much does it cost to lease commercial space in Malvern?
Asking lease rates in Malvern, PA average $45.71 per square foot per year.
How does Malvern compare to nearby markets on price?
Malvern, PA asks $134/SF against $199/SF in Edgemont and $199/SF in Newtown Square.
Where does Realmo's Malvern market data come from?
Realmo compiles Malvern, PA figures from 7 recent recorded sales, 34 active sale listings, 68 active lease listings, 766 tracked off-market properties, the current Malvern zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 34 active for-sale and 68 active for-lease listings in Malvern, 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.
- 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 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
