Commercial Real Estate Market in Milton, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
22 active listings and 425 off-market properties in Milton, PA. Commercial property asks $382/SF to buy and $9.22/SF/Yr to lease.
Market Trends
Milton, PA spans 46.3 square miles in Northumberland County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Milton, 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 Milton, 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 Milton, 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 Milton, PA asks $57/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
- Industrial 40.3%
- Residential 34.9%
- Commercial 17.8%
- Open space 7%
Largest Zones share of zoned land by district
Economic Development District
Moderate Density Residential
Low Density Residential
High Density Residential
Manufacturing
Milton, PA zones 2,210 acres across 11 districts. Commercial zoning covers 17.8% of zoned land, residential 34.9%, open space 7% and industrial 40.3%. The largest single district is Economic Development District at 31.5%. For commercial buyers the practical constraint is that only 58.1% of land carries a commercial or industrial designation.
Economic Development District (EDD)
The intent of this district is to promote business, commercial and industrial development in the community in an efficient, attractive and environmentally sound setting and to provide a desirable location for such business in a harmonious relationship with the surrounding municipalities.
Market overview
Demographics & Economy
Milton, PA has 11,703 residents in 5,341 households. Density runs 253 people per square mile. Median household income here is $56,582 and median gross rent $835 a month.
11,703
Population
5,341
Households
2.2
Avg Household Size
45
Median Age
17%
College-Educated
93%
High-School Grad
46.3 sq mi
ZIP Area
253
Density / Sq Mi
$56,582
Median Household Income
$36,028
Median Earnings
$835
Median Rent
$185,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| West Milton | — | — |
| West Chillisquaq | — | — |
| East Lewisburg | — | — |
| Pottsgrove | — | — |
Commercial property in Milton, PA asks $382/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Milton?
Commercial property in Milton, PA asks an average of $382 per square foot. Multifamily carries the highest asking price at $57/SF.
How much does it cost to lease commercial space in Milton?
Asking lease rates in Milton, PA average $9.22 per square foot per year.
What zoning applies to commercial property in Milton?
Milton, PA zones 2,210 acres across 11 districts, of which 17.8% is commercial and 40.3% industrial. The largest single district is Economic Development District at 31.5% of zoned land. The intent of this district is to promote business, commercial and industrial development in the community in an efficient, attractive and environmentally sound setting and to provide a desirable location for such business in a harmonious relationship with the surrounding municipalities. Residential zoning covers 34.9% and open space 7%.
Where does Realmo's Milton market data come from?
Realmo compiles Milton, PA figures from 6 recent recorded sales, 18 active sale listings, 4 active lease listings, 425 tracked off-market properties, the current Milton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 18 active for-sale and 4 active for-lease listings in Milton, 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: 2,210 zoned acres across 11 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
