Commercial Real Estate Market in Morgantown, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
12 active listings and 189 off-market properties in Morgantown, PA.
Market Trends
Morgantown, PA spans 21.4 square miles in Berks County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Morgantown, 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 Morgantown, 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 Morgantown, 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 Morgantown, PA asks $109/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
Morgantown, PA has 6,256 residents in 2,075 households. Density runs 292 people per square mile. Median household income here is $111,917 and median gross rent $1,273 a month.
6,256
Population
2,075
Households
3
Avg Household Size
38
Median Age
40%
College-Educated
93%
High-School Grad
21.4 sq mi
ZIP Area
292
Density / Sq Mi
$111,917
Median Household Income
$58,231
Median Earnings
$1,273
Median Rent
$335,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Elverson | — | — |
| Suplee | — | — |
| Honey Brook | — | — |
| Geigertown | — | — |
Commercial property in Morgantown, PA asks $234/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Morgantown?
Commercial property in Morgantown, PA asks an average of $234 per square foot. The 3 most recent recorded sales traded at a median of $201/SF, so asking sits 17% above the achieved median. Multifamily carries the highest asking price at $109/SF.
Where does Realmo's Morgantown market data come from?
Realmo compiles Morgantown, PA figures from 5 recent recorded sales, 6 active sale listings, 6 active lease listings, 189 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 6 active for-lease listings in Morgantown, 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
