Commercial Real Estate Market in Myerstown, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
7 active listings and 383 off-market properties in Myerstown, PA.
Market Trends
Myerstown, PA spans 47.1 square miles in Lebanon County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Myerstown, 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 Myerstown, 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 Myerstown, 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 Myerstown, PA asks $129/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 45.5%
- Commercial 26.9%
- Industrial 14.4%
- Open space 7.4%
- Civic 5.8%
Largest Zones share of zoned land by district
Old Town Residential District
Traditional Mixed Neighborhood District
Light Industrial District
Low Density Residential District
Conservation District
Myerstown, PA zones 549 acres across 9 districts. Commercial zoning covers 26.9% of zoned land, residential 45.5%, open space 7.4% and industrial 14.4%. The largest single district is Old Town Residential District at 29.4%. For commercial buyers the practical constraint is that only 41.3% of land carries a commercial or industrial designation.
Old Town Residential District (OT)
OT Old Town Residential District - To provide for medium density neighborhoods with a mix of housing types, in a manner that respects and continues traditional forms of development. 3. TMN Traditional Mixed Neighborhood District - To provide for a mix of housing types and selected types of less intensive types of commercial uses in areas that include many ex…
Market overview
Demographics & Economy
Myerstown, PA has 15,677 residents in 6,155 households. Density runs 333 people per square mile. Median household income here is $78,125 and median gross rent $1,183 a month.
15,677
Population
6,155
Households
2.5
Avg Household Size
43
Median Age
17%
College-Educated
83%
High-School Grad
47.1 sq mi
ZIP Area
333
Density / Sq Mi
$78,125
Median Household Income
$47,624
Median Earnings
$1,183
Median Rent
$229,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Richland | — | — |
| Mount Aetna | — | — |
| Reistville | — | — |
| Schaefferstown | — | — |
Commercial property in Myerstown, PA asks $17/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Myerstown?
Commercial property in Myerstown, PA asks an average of $17 per square foot. The 6 most recent recorded sales traded at a median of $72/SF. Multifamily carries the highest asking price at $129/SF.
What zoning applies to commercial property in Myerstown?
Myerstown, PA zones 549 acres across 9 districts, of which 26.9% is commercial and 14.4% industrial. The largest single district is Old Town Residential District at 29.4% of zoned land. OT Old Town Residential District - To provide for medium density neighborhoods with a mix of housing types, in a manner that respects and continues traditional forms of development. 3. TMN Traditional Mixed Neighborhood District - To provide for a mix of housing types and selected types of less intensive types of commercial uses in areas that include many ex… Residential zoning covers 45.5% and open space 7.4%.
Where does Realmo's Myerstown market data come from?
Realmo compiles Myerstown, PA figures from 6 recent recorded sales, 6 active sale listings, 1 active lease listings, 383 tracked off-market properties, the current Myerstown zoning release. 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 1 active for-lease listings in Myerstown, 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: 549 zoned acres across 9 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
