Commercial Real Estate Market in Millbourne, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Millbourne, PA spans 2.6 square miles in Delaware County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Millbourne, PA asks $168/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 Millbourne, PA asks $188/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 Millbourne, 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 Millbourne, PA asks $195/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
- Commercial 60.8%
- Residential 32.8%
- Civic 6.4%
Largest Zones share of zoned land by district
Planned Commercial District
Residential District
Residential District
General Business District
Neighborhood Business District
Millbourne, PA zones 46 acres across 6 districts. Commercial zoning covers 60.8% of zoned land, residential 32.8%. The largest single district is Planned Commercial District at 41.2%. For commercial buyers the practical constraint is that only 60.8% of land carries a commercial or industrial designation.
Planned Commercial District (PCD)
The primary purpose of this District is to provide for commercial and office establishments intended to serve the neighborhood, local community and neighboring communities by allowing commercial and office uses on individual lots or on a tract arranged in shopping center or office park fashion.
Market overview
Demographics & Economy
Millbourne, PA has 42,761 residents in 16,775 households. Density runs 16,604 people per square mile. Median household income here is $55,551 and median gross rent $1,178 a month.
42,761
Population
16,775
Households
2.5
Avg Household Size
35
Median Age
23%
College-Educated
84%
High-School Grad
2.6 sq mi
ZIP Area
16,604
Density / Sq Mi
$55,551
Median Household Income
$36,139
Median Earnings
$1,178
Median Rent
$155,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Upper Darby | $199 (county avg) | $20.61 |
| East Lansdowne | $199 (county avg) | — |
| Yeadon | $199 (county avg) | — |
| Lansdowne | $199 (county avg) | — |
Commercial property in Millbourne, PA asks $199/SF. The 4 bordering markets run from $199/SF in Upper Darby to $199/SF in Upper Darby, and the city sits in line with their $199/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Millbourne?
Commercial property in Millbourne, PA asks an average of $199 per square foot. Multifamily carries the highest asking price at $195/SF.
How does Millbourne compare to nearby markets on price?
Millbourne, PA asks $199/SF against $199/SF in Upper Darby, $199/SF in East Lansdowne, $199/SF in Yeadon and $199/SF in Lansdowne.
What zoning applies to commercial property in Millbourne?
Millbourne, PA zones 46 acres across 6 districts, of which 60.8% is commercial and 0% industrial. The largest single district is Planned Commercial District at 41.2% of zoned land. The primary purpose of this District is to provide for commercial and office establishments intended to serve the neighborhood, local community and neighboring communities by allowing commercial and office uses on individual lots or on a tract arranged in shopping center or office park fashion. Residential zoning covers 32.8% and open space 0%.
Methodology & data sources
- 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.
- Zoning and land use
- The current municipal zoning release: 46 zoned acres across 6 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
