Commercial Real Estate Market in Milton, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
10 active listings and 425 off-market properties in Milton, PA.
Market Trends
Milton, PA spans 46.3 square miles in Northumberland County, Pennsylvania. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Milton, PA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
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%.
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%.
Multifamily
Across Northumberland County, multifamily space asks $74/SF to buy. Multifamily vacancy in Milton, PA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
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
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.
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.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Lewisburg | $162 | — |
| Watsontown | $170 | — |
Commercial property in Milton, PA asks $135/SF. The 2 bordering markets run from $162/SF in Lewisburg to $170/SF in Watsontown, and the city sits below their $166/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Milton?
How does Milton compare to nearby markets on price?
What zoning applies to commercial property in Milton?
Where does Realmo's Milton market data come from?
Methodology & data sources
- Asking prices and medians
- There are 8 active for-sale and 2 active for-lease listings in Milton, PA. The sale median is based on 6 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
