Commercial Real Estate Market in Millvale, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 71 off-market properties in Millvale, PA.
Market Trends
Millvale, PA spans 4.8 square miles in Allegheny County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Millvale, 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 Millvale, 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 Millvale, 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 vacancy in Millvale, PA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Planned_development 31.2%
- Residential 21.8%
- Commercial 17%
- Industrial 11.5%
- Open space 10.5%
- Mixed use 7.9%
Largest Zones share of zoned land by district
Residential
Residential
Commercial
Industrial
Mixed Use
Residential (R2)
The purpose of this district is to improve and encourage existing neighborhoods with a mix of housing types, in a manner that respects and continues traditional neighborhood development. The intent of this district is to improve and encourage the orderly development and preservation of a variety of housing types compatible with existing dwellings in establis…
Market overview
Demographics & Economy
Millvale, PA has 12,044 residents in 6,098 households. Density runs 2,500 people per square mile. Median household income here is $80,221 and median gross rent $1,042 a month.
12,044
Population
6,098
Households
2
Avg Household Size
42
Median Age
36%
College-Educated
95%
High-School Grad
4.8 sq mi
ZIP Area
2,500
Density / Sq Mi
$80,221
Median Household Income
$47,427
Median Earnings
$1,042
Median Rent
$218,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bloomfield | — | — |
| Etna | — | — |
| Oakland | — | — |
| Pittsburgh | — | $24.92 |
Frequently Asked Questions
Where does Realmo's Millvale market data come from?
Realmo compiles Millvale, PA figures from 2 active sale listings, 71 tracked off-market properties, the current Millvale zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Millvale, 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: 428 zoned acres across 8 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
