Commercial Real Estate Market in Milan, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 17 off-market properties in Milan, PA.
Market Trends
Milan, PA spans 31.9 square miles in Bradford County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Milan, PA asks $83/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 Milan, PA asks $73/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 Milan, 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 Milan, PA asks $140/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
Milan, PA has 1,207 residents in 477 households. Density runs 38 people per square mile. Median household income here is $77,411 and median gross rent $831 a month.
1,207
Population
477
Households
2.5
Avg Household Size
45
Median Age
17%
College-Educated
92%
High-School Grad
31.9 sq mi
ZIP Area
38
Density / Sq Mi
$77,411
Median Household Income
$44,907
Median Earnings
$831
Median Rent
$189,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| East Smithfield | — | — |
| Athens Township | — | — |
| Wetona | — | — |
| Ulster | — | — |
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Milan, 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 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
