Commercial Real Estate Market in Morrisville, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
27 active listings and 480 off-market properties in Morrisville, PA. Commercial property asks $97/SF to buy and $17.67/SF/Yr to lease.
Market Trends
Morrisville, PA spans 31.5 square miles in Bucks County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Morrisville, 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 Morrisville, 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 Morrisville, 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 Morrisville, PA asks $236/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
- Residential 60.7%
- Industrial 7.9%
- Commercial 7.2%
Largest Zones share of zoned land by district
Residential District
Delaware River District
Residential District
Community Service District
Residential District
Morrisville, PA zones 1,293 acres across 18 districts. Commercial zoning covers 7.2% of zoned land, residential 60.7% and industrial 7.9%. The largest single district is Residential District at 32%. For commercial buyers the practical constraint is that only 15.2% of land carries a commercial or industrial designation.
Residential District (R-2)
R-2 Residential District. The purpose and intent of this district is to retain the character and to maintain the existing medium residential density areas where single-family homes are permitted. Excluding activities incompatible with residential development and creating conditions conducive to carrying out the broad purposes of this chapter are additional r…
Market overview
Demographics & Economy
Morrisville, PA has 53,153 residents in 21,792 households. Density runs 1,687 people per square mile. Median household income here is $131,604 and median gross rent $1,599 a month.
53,153
Population
21,792
Households
2.4
Avg Household Size
44
Median Age
56%
College-Educated
97%
High-School Grad
31.5 sq mi
ZIP Area
1,687
Density / Sq Mi
$131,604
Median Household Income
$63,454
Median Earnings
$1,599
Median Rent
$483,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Yardley | — | $21.62 |
| Ewing Township | — | — |
| Trenton | — | $18.66 |
| Falls | — | — |
Commercial property in Morrisville, PA asks $97/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Morrisville?
Commercial property in Morrisville, PA asks an average of $97 per square foot. The 3 most recent recorded sales traded at a median of $75/SF, so asking sits 29% above the achieved median. Multifamily carries the highest asking price at $236/SF.
How much does it cost to lease commercial space in Morrisville?
Asking lease rates in Morrisville, PA average $17.67 per square foot per year.
What zoning applies to commercial property in Morrisville?
Morrisville, PA zones 1,293 acres across 18 districts, of which 7.2% is commercial and 7.9% industrial. The largest single district is Residential District at 32% of zoned land. R-2 Residential District. The purpose and intent of this district is to retain the character and to maintain the existing medium residential density areas where single-family homes are permitted. Excluding activities incompatible with residential development and creating conditions conducive to carrying out the broad purposes of this chapter are additional r… Residential zoning covers 60.7% and open space 0%.
Where does Realmo's Morrisville market data come from?
Realmo compiles Morrisville, PA figures from 6 recent recorded sales, 11 active sale listings, 16 active lease listings, 480 tracked off-market properties, the current Morrisville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 11 active for-sale and 16 active for-lease listings in Morrisville, 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: 1,293 zoned acres across 18 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
